Shutterstock stockholders overwhelmingly voted in favor of the merger at a special meeting of shareholders.
Shutterstock stockholders have given a big thumbs up to a merger deal that’s been in the works for some time.
After approval from approximately 82% of the issued and outstanding shares of Shutterstock common stock, the company announced that it will be merging with Getty Images Holdings, Inc. (NYSE: GETY). Both companies say they expect the transaction to close sometime in the second half of 2025, pending regulatory approvals and other customary conditions.
“We are very pleased that our stockholders recognize the compelling rationale of this transaction and look forward to the successful completion of our merger with Getty Images,” said Paul Hennessy, Shutterstock’s Chief Executive Officer.
The combined company will be well-positioned to meet the ever-changing needs of customers through combined investment in content creation, event coverage, and product and technology innovation.
Both parties continue to expect the transaction to close in the second half of 2025, subject to required regulatory approvals and other customary conditions.
The final voting results will be reported on a Form 8-K filed with the Securities and Exchange Commission.
