Getty Images' $2.04 billion takeover complete (AP)

yahoo.com     Jul 2, 2008            

Wednesday July 2, 2:25 pm ET Getty Images says $2.04 billion buyout by private equity firm now complete SEATTLE (AP) -- Getty Images Inc., a provider of stock photography and video, said Wednesday its buyout by a private equity company for about $2.04 billion is now complete. The deal was first announced in February. In addition to paying $34 per share for Getty's nearly 60 million outstanding shares, private-equity firm Hellman & Friedman will also take on about $300 million in debt. The company's shares will be delisted from the New York Stock Exchange at the close of trading... [read full story]                    

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