Getting a clearer picture of today's $3.3 billion buyout.
FORTUNE -- The Carlyle Group (CG) today announced that it has agreed to acquire stock imagery company Getty Images for $3.3 billion from fellow private equity firm Hellman & Friedman. The deal comes four years after Hellman & Friedman took the company private for $2.4 billion, a 55% premium to where Getty was trading on the public markets.
What follows is a conversation I had about the deal with Eliot Merrill, a Carlyle managing director who will serve on the Getty board of directors:
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