Getty Images Auction
Published February 11th, 2008
The auction of Seattle based Getty Image may be stalled, said sources on Sunday. Last month, the company said it was for sale and had appointed Goldman Sachs as an adviser.
Though several bidders, mostly private equity firms like Kohlberg Kravis Roberts, Bain Capital and Providence Equity partners, had expressed interest last month, Getty was said to have received no offers above its current market value.
Getty’s stock closed on Friday at $26.62, giving it a market value of around $1.6 billion.
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