Controlling investor through affiliates
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Committed up to $533 million in new equity; will own 100% of reorganized company with Koch Equity Development
Getty Images, the stock-photo company that supplies news outlets around the world, filed for Chapter 11 bankruptcy in Delaware on October 21. The filing comes after the collapse of its $3.7 billion merger with rival Shutterstock under UK antitrust pressure. The company carries about $2.1 billion in debt.
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