Entering text into the input field will update the search result below

Trillium Capital proposes to acquire Getty Images for $10 per share

Apr. 24, 2023 8:43 AM ETGetty Images Holdings, Inc. (GETY)By: Mary Christine Joy, SA News Editor6 Comments
Business mergers and acquisitions concept. Share acquisition, asset business acquisition, amalgamation. Business review and development model. The abbreviation M and A on smart background, copy space.

Parradee Kietsirikul

  • Trillium Capital has proposed to acquire Getty Images Holding (NYSE:GETY) for $10 per share in cash.
  • The former said that if the non-binding proposal is accepted, the company's managing partner will join Getty's board as its chairman.
  • GETY shares were trading +45.45% pre-market.
  • Source: Press Release

Recommended For You

Comments (6)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

Stock Scanner profile picture
This is a joke. Trillium owns $3 million in shares and wants to buy the company for $4 billion! Their press releases are filled with spelling mistakes - not knowing the difference between principle and principal, for instance. No one is going to lend them money for this deal. The company isn't worth 12x EBITDA, like they think. $0.25 of annual EPS, so it's a $5 stock!
A
@Stock Scanner I think it’s more plausible that they own(ed) 3M in notional value of OTM calls. Our man has deleted his LinkedIn 😅
El Financeiro profile picture
$10 per share. This is likely the best outcome for GETY. Board should be doing their due diligence.
Michael Bryant profile picture
But $GETY is still $7.12/share, so it seems the market doesn't think the non-binding proposal will be accepted. $10/share would be about the SPAC IPO price. https://schrts.co/NyQaPurJ
D
@Michael Bryant GETY is at $7.42 right now but still very far from $10.00
W
@Michael Bryant It is a sweet deal under the present stock movement.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.