Deals
Getty Images Soars on Trillium Capital Offer $10 a Share
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Getty Images Holding Inc. shares soared the most in nine months on Monday after investment firm Trillium Capital LLC proposed to acquire the stock-photo company for $10 a share in cash.
The offer price, which would value Getty at almost $4 billion, is nearly double Getty’s closing share price of $5.06 per share on April 21, according to Bloomberg calculations. Getty shares rose as much as rise as much 62% as the market opened in New York.