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Published on 7/2/2008 in the Prospect News Special Situations Daily.

Getty Images acquired by equity firm for $2.4 billion

By Lisa Kerner

Charlotte, N.C., July 2 - An affiliate of Hellman & Friedman LLC completed its $2.4 billion acquisition of Getty Images, Inc. in a transaction first announced on Feb. 25, according to a Wednesday news release from Getty Images.

Getty Images stockholders approved the deal, which gives them $34 per share in cash, at a special meeting on June. 20.

At the close of market on Wednesday, Getty Images common stock ceased trading on the New York Stock Exchange and will be delisted.

Seattle-based Getty Images creates and distributes visual content.


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