Getty Images Holdings (GETY) Stock: Crashes 69% on $533M Restructuring Deal

TLDR Getty Images (GETY) stock crashes 69.46% to $0.0142 following restructuring news. Getty family and Koch Equity Development commit up to $533M in fresh funding. Bondholders agree to retire $270M in debt under Getty Images’ restructuring. Getty Images prepares a Chapter 11 filing as it plans to return to private ownership. Koch Equity Development pledges [...]

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