So where had Alan been?
In Spring 2007 it sounded like a $450 million deal (the New York Post story), now it comes down to $96 million which will "allow Jupitermedia to pay off all of its bank debt".
Getty Images´ press release, followed by Jupitermedia´s press release for Jupiterimages.
More financial details here in the last two paragraphs of this article at 24/7 Wall St.
Thursday, October 23, 2008 in Getty $49 web resolution, Getty Images, Getty Images Consumer Site, iStockaudio, iStockphoto, iStockvideo, JAMD, Jupiterimages, Jupitermedia, Picture Business, Pump Audio, Stock Photo Industry, Stockxpert, Valueline by Getty Images, ViewImages by GettyImages | Permalink
Alan Meckler, Getty Images, Hellman & Friedman, Jonathan Klein, Jupiterimages, Jupitermedia