Tuesday, May 22, 2012

Getty Images Owners Consider Sale or IPO. From @cnbc

The owners of Getty Images, the world’s largest distributor of stock photos, video and other digital content, have retained bankers to examine a possible sale or public offering ofthe business they took private four years ago for $2.4 billion.
Hellman & Friedman, the US private equity fund, is working with Goldman Sachs [GS 97.53    1.02  (+1.06%)   ] and JPMorgan Chase[JPM  34.01    1.50  (+4.61%)   ], five people familiar with the plans said, adding that a sale or IPO could value the business at as much as $4 billion.

More here...http://wtr.mn/JRVQU9

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