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Getty Files for Bankruptcy in Process That Will Take It Private

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Getty Files for Bankruptcy in Process That Will Take It Private Getty Images Holdings Inc. is starting a prepackaged bankruptcy after securing a restructuring support agreement that will inject it with fresh money and take the photo archive and stock-image company private. The company filed for Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. Getty listed assets of $1 billion to $10 billion, and liabilities in the same range.

Getty Files for Bankruptcy in Process That Will Take It Private Getty Images Holdings Inc. is starting a prepackaged bankruptcy after securing a restructuring support agreement that will inject it with fresh money and take the photo archive and stock-image company private. The company filed for Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. Getty listed assets of $1 billion to $10 billion, and liabilities in the same range.
the US Bankruptcy Court (ORG) the District of Delaware (LOCATION)
Originally published by Bloomberg Markets Read original →