CC Neuberger II (PRPB) to Combine with Getty Images in $4.8Bn Deal

CC Neuberger II (NYSE:PRPB) has entered into a definitive agreement to combine with visual content marketplace Getty at an enterprise value of $4.8 billion, or 15.2x 2022E adjusted EBITDA. Seattle-based Getty serves about 1 million customers, licensing to them visual content from about 450,000 contributors covering about 160,000 news, sport and entertainment events annually. The
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