Getty Images (GYI) To Be Acquired By Hellman & Friedman for $34/Share
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Getty Images Inc. (NYSE: GYI) entered into a definitive merger agreement to be acquired by affiliates of the private equity firm Hellman & Friedman LLC in a transaction valued at approximately $2.4 billion, including the assumption of existing debt.
Under the terms of the agreement, Getty Images stockholders will receive $34.00 in cash for each outstanding share of common stock they own.
Shares of Getty Images closed at $24.45 on Friday.
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