News Summary: Carlyle Group to buy Getty Images

Published August 15, 2012 2:33pm ET



THE SALE: The Carlyle Group plans to buy a controlling stake in the photo and video distributor Getty Images from private equity firm Hellman & Friedman.

THE TERMS: It’s a $3.3 billion deal. Carlyle Group says it will partner with Getty Images management.

ABOUT GETTY: Getty Images provides stock photography and creates and distributes still images, video and multimedia products. Carlyle is one of the biggest private equity firms in the world.