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

Air bus

Featured Video
Jobs
ECAD Designer - Data Connectivity for Delphi at Auburn Hills, MI
Mechanical Engineer II - Requisition ID 090445 for L3 Technologies at New York, NY
Estimator / Bidder for Rulon International at Saint Augustine, FL
Upcoming Events
17 International Multidisciplinary Scientific GeoConference SGEM 2017 at Paradise Blue Congress Center Albena Resort & SPA Bulgaria - Jun 28 - 7, 2017
LiDAR for DRONE 2017, Jun 29-30, 2017, Montpellier, France at Montpellier France - Jun 29 - 30, 2017
International Cartographic Conference 2017 at MARRIOTT WARDMAN PARK HOTEL 2660 Woodley Road NW, Washington District Of Columbia 20008 Washington - Jul 2 - 7, 2017
GI_Forum 2017 at University of Salzburg, Interfaculty Department of Geoinformatics - Z_GIS Hellbrunnerstr. 34 Salzburg Austria - Jul 4 - 7, 2017
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:
GeoSmartAsia
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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 Policy