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Announced

Trillium Capital to acquire Getty Images for $3.95bn.

Synopsis

Trillium Capital, an investment organization, offered to acquire Getty Images, a visual media company, for $3.95bn. Getty shares still trade at a sharp discount to the Trillium bid, and the challenges to completing the proposed deal are substantial. Shares of Getty surged 40% on April 24 to $7.09, leaving them nearly 30% below the proposed offering price.

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