Getty Images to consider strategic alternatives

By Lisa Kerner

Charlotte, N.C., Jan. 22 - Getty Images, Inc. confirmed that its board of directors is exploring strategic alternatives to enhance shareholder value with the assistance of Goldman, Sachs & Co. and its legal adviser Gotshal & Manges LLP.

The company made the announcement in response to published news articles, according to a news release issued on Tuesday.

There can be no assurance that any transaction will occur and Getty Images said it does not plan to comment on the process "unless and until such time as its board of directors deems appropriate."

Getty Images will release its financial results for the fourth quarter and year ended Dec. 31 on Jan. 31, the release stated.

Seattle-based Getty Images creates and distributes visual content.

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