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Feb. 11, 2008 / 6:27 PM

Sale of Getty Images languishes

SEATTLE, Feb. 11 (UPI) -- Getty Images of Seattle, put up for sale Jan. 21, has yet to attract a buyer, the huge supplier of photo and video images reported Monday.

While the sale, handled by Goldman, Sachs and Co., languishes, the company's share value has declined, bizjournals.com reported. Getty's shares dropped $2.45 Monday, to close at $24.17 per share, the report said.

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But at its current value of $1.6 billion, the company had yet to field any offers.

"There can be no assurance that any transaction will occur or as to the timing, structure, price or terms of any transaction," co-founder Mark Getty said when the company announced it was "exploring strategic alternatives."

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