Getty Images is canceling its $3.7 billion Shutterstock merger due to UK restrictions
Engadget · 1 min read · business
Getty Images terminated its $3.7 billion merger with Shutterstock after UK regulators imposed conditions requiring the sale of Shutterstock's editorial business. The US Department of Justice had already approved the deal unconditionally, but the UK's Competitions and Markets Authority blocked it to preserve competition for UK media outlets.
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