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Getty Offers Disappoint . . . |
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Written by Ron Rovtar, Managing Editor, the Stock Asylum
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Monday, 11 February 2008 |
 The
New York Times reported on this date that Getty Images has received no
offers above the company's current market value of $1.6 billion.
Citing
"people briefed on the matter," the Times said the lack of such an
offer could jeopardize the sale of the company.
Investors
responded negatively to the news. The price of a share of Getty Images
stock fell $1.84 by mid morning to $24.78, a decline of almost seven
percent.
Continue reading Getty Offers Disappoint . . .at the Stock Asylum (SUBSCRIPTION REQUIRED)
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Last Updated ( Monday, 11 February 2008 )
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