Getty Images, facing NYSE delisting, restructures debt ahead of Chapter 11 filing
Troubled stock image agency Getty Images reached a restructuring agreement with its principal investors and creditor groups and plans to file an expedited, prepackaged Chapter 11 case within weeks. The company expects to complete the restructuring by year-end and emerge as a privately held company. Among the keys to announceement, Getty-family entities and Koch Equity Development affiliates committed up to...
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