Getty Images received no offers that were significantly above its $1.6 billion market value according to unidentified people who briefed The New York Times. The company's stock declined Monday on the news.
Among those who had expressed interest in Getty last month were Kohlberg Kravis Roberts & Co., Bain Capital LLC and Providence Equity Partners Inc. The lukewarm interest probably means the current owners will continue to operate the company and there will be no major changes for the foreseeable future.