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Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart

The Verge
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Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart
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Getty says it’s “not required” to accept approval conditions that would force Shutterstock to offload its editorial business. | Image: The Verge Getty is planning to axe its $3.

7 billion merger agreement with Shutterstock after a UK regulator imposed restrictions that would prevent part of Shutterstock's business from being included in the deal. The move comes despite the US Department of Justice granting the deal "unconditional antitrust clearance" in February.

This is a summary. For the full story, read the original article at The Verge.

Original source: The Verge

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