Shutterstock shares fall after Getty Images Holdings announces it will cancel a planned merger between the two companies. The deal was originally agreed in January and would have combined the businesses at an agreed valuation of about $3.7 billion. Bloomberg reports the sell-off is sharp, with Shutterstock shares plunging roughly 30% in after-hours trading following Getty’s decision to end the merger. Getty’s move is linked to a ruling from UK regulators, according to Bloomberg, which said regulatory action prompted the cancellation. Other coverage similarly frames the outcome as Getty scrapping the merger and shuttering the transaction plan. The available reports do not indicate a revised structure or alternative deal terms at this stage. The decision means Shutterstock and Getty remain separate companies, and shareholders are reacting to the end of the transaction following the earlier agreement.