tag:blogger.com,1999:blog-7553278593406733377.post6220256966664628568..comments2024-03-07T11:47:12.092-05:00Comments on Photo Business News & Forum: JDK - Getty Images' CEO and KKR's Track Record - History Repeats Itself?John Harringtonhttp://www.blogger.com/profile/16941161605443479300noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7553278593406733377.post-57117150067217329192008-05-14T18:44:00.000-04:002008-05-14T18:44:00.000-04:00"Tim said... And was the whole $49 thing designed ..."Tim said... <BR/>And was the whole $49 thing designed to lower the stock to a point they could do an MBO??<BR/><BR/>Time to put the old tin foil on the head!<BR/>"<BR/><BR/>Told you so...nice management buyout going on here..aAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-54951432586605303292008-02-11T17:51:00.000-05:002008-02-11T17:51:00.000-05:00Guess I should take that tin hat off.No buyer for ...Guess I should take that tin hat off.<BR/><BR/>No buyer for Getty yet, stock slips<BR/>Monday February 11, 5:37 pm ET <BR/><BR/><BR/>The sale of Getty Images Inc. appears to have hit a dead end, according to a report in Monday's New York Times, and shares in the image company dropped more than 9 percent in Monday trading.<BR/>Shares in Seattle-based Getty (NYSE: GYI - News) dropped $2.45 to close at $24.17 in Monday trading. On Jan. 22, officials at Getty said that its board of directors was "exploring strategic alternatives," including a sale of the company, and had hired Goldman, Sachs & Co. as its financial adviser.<BR/><BR/>"There can be no assurance that any transaction will occur or as to the timing, structure, price or terms of any transaction," Getty said on Jan. 22.<BR/><BR/>The Times reports that Getty hasn't received any offers above its current approximate market value of $1.6 billion.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-57641201560565196602008-01-24T04:40:00.000-05:002008-01-24T04:40:00.000-05:00And was the whole $49 thing designed to lower the ...And was the whole $49 thing designed to lower the stock to a point they could do an MBO??<BR/><BR/>Time to put the old tin foil on the head!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-4970863589107545302008-01-22T17:22:00.000-05:002008-01-22T17:22:00.000-05:00It will be interesting to see if there is an actua...It will be interesting to see if there is an actual buyer. Or was the leak timed to raise the stock price a few dollars to help JDK and his buy back options?Anonymousnoreply@blogger.com