Legal DealFolio - Getty Investments sale of Getty Images

Davis Polk is advising Getty Investments in connection with the $3.3 billion acquisition of Getty Images, Inc. Getty Images co-founder and chairman Mark Getty and the Getty family will roll substantially all of their 30% ownership interests into the transaction, and increase their ownership stake going forward, while Hellman & Friedman LLC will sell its controlling interest to The Carlyle Group. The transaction is subject to customary regulatory approvals and is expected to close before year-end 2012. The Davis Polk corporate team includes partners Daniel G. Kelly Jr. and Sarah K. Solum and associates Jeffrey Gould, Vincent T. Cannon, Jason Bassetti and Steve Valenzuela. The tax team includes partner Kathleen L. Ferrell, associate Catherine Paskoff Chang and law clerk Isaac MacDonald. Partner Frank J. Azzopardi is providing intellectual property advice. Members of the Davis Polk team are based in the Menlo Park and New York offices.

Deal Date:	16-08-2012	Practice Area:	Corporate and M&A
Deal Title:	Getty Investments sale of Getty Images	Industry:	Media
Description:	Davis Polk is advising Getty Investments in connection with the $3.3 billion acquisition of Getty Images, Inc. Getty Images co-founder and chairman Mark Getty and the Getty family will roll substantially all of their 30% ownership interests into the transaction, and increase their ownership stake going forward, while Hellman & Friedman LLC will sell its controlling interest to The Carlyle Group. The transaction is subject to customary regulatory approvals and is expected to close before year-end 2012. The Davis Polk corporate team includes partners Daniel G. Kelly Jr. and Sarah K. Solum and associates Jeffrey Gould, Vincent T. Cannon, Jason Bassetti and Steve Valenzuela. The tax team includes partner Kathleen L. Ferrell, associate Catherine Paskoff Chang and law clerk Isaac MacDonald. Partner Frank J. Azzopardi is providing intellectual property advice. Members of the Davis Polk team are based in the Menlo Park and New York offices.
Financial Center:	Silicon Valley	Value:	1000.01-5000.00
Advised Party:	Vendor	Law Firm	Davis Polk
Target Company Jurisdiction	United States	Acquiror Jurisdiction	United States
Classification:	Financial Buyer Acquisitions Primary Buy-Out	Lawyer	Daniel G Kelly Jr

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers