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  • Friday, April 19, 2024

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.

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