Home / M&A Activity / Foreign Investment Committee Wraps Up MDA-DigitalGlobe Transaction Review

Foreign Investment Committee Wraps Up MDA-DigitalGlobe Transaction Review

The Committee on Foreign Investment in the U.S. has completed its review of the proposed $3.6 billion acquisition of DigitalGlobe (NYSE: DGI) by Canada-based MacDonald, Dettwiler and Associates.

MDA said Thursday it secured clearance from the New York Stock Exchange to list and trade its common shares on NYSE under the ticker symbol “MDA” and expects to complete the pending merger later this week, subject to other customary closing conditions.

The review’s completion came months after both companies refiled a joint voluntary notice to CFIUS in July to give the committee enough time to complete its evaluation of the proposed deal.

Check Also

MC Dean Wins Potential $98M Navy IDIQ to Build Electronic Security, Emergency Mgmt Systems

M.C. Dean has secured a potential six-year, $98M contract to provide electronic security and emergency management systems for installation on shore facilities operated by the Department of Defense and U.S. federal government.

BGOV: Lockheed F-16, Raytheon Missile Tech In Demand Among Fiscal 2019 FMS Clients

The Raytheon-built (NYSE: RTN) AIM-120C-7 medium air-to-air missile and the F-16 fighter jet from Lockheed Martin (NYSE: LMT) were the most popular weapon systems the U.S. sold to allies in fiscal year 2019 through the foreign military sales program, Bloomberg Government reported Wednesday.