Getty Images Draws Bids in $4 Billion Range (Report)

Private equity firms are looking at the photo agency in an auction that has advanced to the second round.

The auction of photo agency Getty Images has moved on to a second round with initial private equity bids coming in at around $4 billion, the Wall Street Journal said, citing people familiar with the situation.

Among what are believed to be at least a handful of suitors are leveraged buyout firms KKR and TPG, according to the paper...