shares surged 25% after a published report said the company might be a takeover target.
New York Post
, a company that owns a vast portfolio of photos, is in advanced talks to buy Jupitermedia.
Jupitermedia provides digital images to Web developers. The report cited sources with knowledge of the situation who said Getty might pay more than $11 a share for Jupitermedia.
Shares of Jupitermedia were lately climbing $1.99 to $10.01.