Getty puts media SPACs in a better frame

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Getty puts media SPACs in a better frame
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Getty puts media SPACs in a better frame - jennifersaba -

Getty Images said on Dec. 10 it agreed to merge with special-purpose acquisition company CC Neuberger Principal Holdings II in a deal with an enterprise value of $4.8 billion.

Getty, which provides photo stock images, was sold to private equity firm Hellman & Friedman in 2008 for $2.1 billion. In 2012, buyout shop Carlyle bought Getty for $3.3 billion.Soccer Football - Champions League - Malmo FF Press Conference - Eleda Stadium, Malmo, Sweden - November 1, 2021 Malmo FF coach Jon Dahl Tomasson is seen on a camera screen during the press conference

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