UK Regulator refers Shutterstock–Getty Images merger to phase 2 review

* The UK Competition and Markets Authority (CMA [https://seekingalpha.com/symbol/CMA]) has referred the proposed Shutterstock (SSTK [https://seekingalpha.com/symbol/SSTK]) – Getty Images (GETY [https://seekingalpha.com/symbol/GETY]) merger to a Phase 2 review [https://seekingalpha.com/pr/20289194-uk-competition-and-markets-authority-refers-proposed-merger-of-shutterstock-and-getty-images].
* Getty Images had offered remedies to avoid the extended review, but the CMA proceeded regardless. Shutterstock expressed disappointment in the decision but remains committed to completing the merger.

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* Shutterstock/Getty deal moves into phase 2 review in UK [https://seekingalpha.com/news/4505614-shutterstockgetty-deal-moves-into-phase-2-review-in-uk]
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