Since publication of the following article, DigitalGlobe has rejected GeoEYE’s offer. Read the story here.
Article source: GeoEYE
May 5, 2012 — HERNDON, Va. — GeoEye, Inc. (NASDAQ: GEOY), a leading source of geospatial information and insight, today announced that it is proposing to acquire DigitalGlobe, Inc. (NYSE: DGI).
The combined company would create the world’s largest fleet of high resolution commercial imagery satellites. The new company would be well-positioned to meet the evolving needs of the U.S. government and other customers in this fiscally constrained environment. We will also continue to invest in new information, analytic services and the most technologically advanced commercial satellites for government and commercial customers around the world.