Law Office of Brodsky & Smith, LLC Announces Investigation of GeoEye, Inc.

BALA CYNWYD, Pa., July 24, 2012 — (PRNewswire) — �Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of GeoEye, Inc. ("GeoEye" or the "Company") (Nasdaq- GEOY-News) relating to the proposed acquisition by DigitalGlobe, Inc. ("DigitalGlobe").

Under the terms of the transaction, GeoEye shareholders would receive only 1.137 shares of DigitalGlobe common stock and $4.10 per share, or $20.27 in cash, or 1.425 shares of DigitalGlobe common stock for each share of GeoEye stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of GeoEye for not acting in the Company's shareholders' best interests in connection with the sale process to DigitalGlobe. The transaction may undervalue GeoEye as GeoEye stock traded at $36.65 per share on October 28, 2011 and $24.03 per share as recently as May 3, 2012. In addition, an analyst has placed a $30.00 price target on the stock.

If you own shares of GeoEye stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at Email Contact visiting http://brodsky-smith.com/460-geoy-geoeye-inc.html, or by calling toll free 877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

Contact:
Brodsky & Smith, LLC
GeoEye, Inc.
DigitalGlobe, Inc.
Web: http://www.brodsky-smith.com




Review Article Be the first to review this article
Trimble

Harris

Featured Video
Jobs
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Urban Designer - Urban Design/Planning for SERA Architects, Inc at Portland, OR
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Upcoming Events
Geospatial World Forum 2018 at Hyderabad International Convention Centre Hyderabad India - Jan 16 - 19, 2018
2018 Annual Convention of Virginia Association of Surveyors at 24 S. Market St Staunton VA - Jan 18 - 20, 2018
ArcGIS: Introduction at Environmental and Natural Resource Building 14 College Farm Rd New Brunswick NJ - Feb 1 - 22, 2018
International LiDAR Mapping Forum at Hyatt Regency 650 15th Street, Denver CO - Feb 5 - 7, 2018
Teledyne Optech
University of Denver GIS Masters Degree Online
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise