DigitalGlobe Aquires GeoEye: Becoming Largest Imagery Satellite Co. – ValueWalk Premium

DigitalGlobe Aquires GeoEye: Becoming Largest Imagery Satellite Co.

The takeover target becomes the acquirer. In a change of roles from just two months ago, DigitalGlobe Inc (NYSE:DGI) has agreed to acquire GeoEye Inc. (NASDAQ:GEOY) in a $900 million deal in which every GeoEye share will receive  either 1.137 shares of DigitalGlobe common stock plus $4.10 in cash, or $20.27 in cash and 1.425 shares of stock.

The companies are the two main providers of commercial Earth satellite . . .

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