AFI BLOG: Media and Technology

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How did Getty Images (NYSE: GYI) decide to put itself up on the auction block, a process resulting in its $2.4 billion sale to PE firm Hellman & Friedman? In a monstrous SEC filing, the company has published the slides its banker, Goldman Sachs, presented to the board to help it pursue strategic alternatives. Some background: the company confirmed the search for strategic alternatives in January, and announced a sale in February, but it wasn’t quite so quick….read on….