Shutterstock Inc

NYSE:SSTK  
59.85
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Other Pre-Announcement, Mergers / Acquisitions

Shutterstock Acquires Pond5

Published: 05/11/2022 13:21 GMT
Shutterstock Inc (SSTK) - Shutterstock Acquires Pond5, the World's Largest Video Marketplace.
Shutterstock Inc - Consideration for Transaction Consists of $210 Million of Cash Paid at Closing.
Shutterstock Inc - Maintaining 2022 Revenue and Adjusted EBITDA Margin Guidance.
Shutterstock Inc - Deal Immediately Accretive to 2022 Adjusted EBITDA, Even After One-time Transaction Related Cost.