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

Leonardo DRS

Leonardo DRS Secures $250M Army Tactical Terminal Replacement Contract

Leonardo DRS has been awarded a five-year, $250M contract to replace the U.S. Army's satellite communications terminals designed for tactical users. The contractor will help the Army replace the terminals that are set for decommissioning in fiscal year 2025, the Department of Defense said Wednesday.

Vicki Schmanske President Leidos Intell Group

Leidos Books Potential $960M CBP Software Dev’t BPA; Vicki Schmanske Quoted

Leidos (NYSE: LDOS) has received a potential five-year, $960M blanket purchase agreement to develop software to support the Customs and Border Protection’s traveler vetting procedures.