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At least one offer as Getty bid deadline passes: source

NEW YORK
Thu Feb 7, 2008 6:18pm EST

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Chief Executive Officer and co-founder of Getty Images, Inc., Jonathan Klein answers questions during the Reuters Media Summit in New York November 30, 2006. Bids for Getty Images Inc, the world's biggest supplier of pictures and video to media and advertising companies, were due on Monday and at least one offer was made, a source briefed on the situation said. REUTERS/Brendan McDermid

NEW YORK (Reuters) - Bids for Getty Images Inc GYI.N, the world's biggest supplier of pictures and video to media and advertising companies, were due on Monday and at least one offer was made, a source briefed on the situation said.

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Getty, valued at about $1.6 billion, confirmed on January 22 that it was studying several strategic options and had hired investment bank Goldman Sachs (GS.N). A potential sale had been rumored for months with interest from private equity.

A separate source said it was unclear how firm any offers were or whether they were for the whole or parts of Getty.

A spokeswoman for Getty said she could not comment beyond the company's last statement.

(Reporting by Megan Davies, editing by Richard Chang)
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