Getty Images Has Been Purchased for $2.4 Billion!

Getty Images the photo stock giant have actually found a company to purchase them at a premium price. It is being reported that Getty Images has been purchased for $2.4 billion to private equity firm Hellman and Friedman. The $34/share price is a 39% premium over Friday’s close, and more than 50% higher than GYI’s price in mid-January, when the sale started.

Tags: acquisition getty images

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Author: Steven Finch

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Founder and Editor of Crenk. Im CEO of Insomnia Ltd which owns and operates RouteNote (Digital Music Distributor), Adphilia (Site Representation Firm) and Black and White Music (Music Recording Studio).