Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.
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The deal would combine Hulu + Live with Fubo and end litigation against the Venu Sports joint streaming service.
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
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