Getty Images is going private after failed Shutterstock merger
On Monday, Getty announced it had secured $533 million from the Getty family and Charles Koch's investment firm to cut its debt and take.
The Verge reports that on Monday, Getty announced it had secured $533 million from the Getty family and Charles Koch's investment firm to cut its debt and take.
This business story centres on the United States. Names and organisations mentioned in the coverage include Shutterstock, Getty and Charles Koch.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- The Verge
- First reported
- Key names
- Shutterstock, Getty, Charles Koch
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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