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Tag Archives: GeoEye

Report: DOJ Could Approve DigitalGlobe-GeoEye Merger This Month

The proposed $900 million cash-and-stock merger between DigitalGlobe (NYSE: DGI) and GeoEye (NASDAQ: GEOY) is expected to receive regulatory approval later this month, Reuters reports. Andrea Shalal-Esa and Diane Bartz report the U.S. Justice Department could wrap up its review of the transaction by mid-January but could delay action after William …

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GeoEye Shareholders OK DigitalGlobe Merger

Shareholders at GeoEye (NASDAQ: GEOY) voted at a special meeting Monday to approve the company’s $900 million merger with DigitalGlobe (NYSE: DGI). According to GeoEye, 98.3 percent of the shares voting at meeting voted in favor of the merger, representing 77.2 percent of that company’s total outstanding shares of common …

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GeoEye Revenue Up 2% Over 9 Months; Matt O’Connell Comments

GeoEye (NASDAQ: GEOY) announced financial results for the third quarter of its 2012 fiscal year, ended Sept. 30, 2012. The company reported $264.8 million in revenue for the first nine months of the fiscal year, representing a 2 percent increase over the $259.6 million from the prior year period. CEO …

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GeoEye Schedules Shareholder Vote on DigitalGlobe Merger

GeoEye (NASDAQ: GEOY) shareholders will meet in a special session Dec. 3 to vote on the company’s proposed merger with DigitalGlobe (NYSE: DGI). In a release, GeoEye said the meeting will take place at 11 a.m. at its Herndon, Va. headquarters. Shareholders of record as of the close of business Oct. …

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GeoEye CEO Matt O’Connell: Budget Uncertainty Led to DigitalGlobe Merger

GeoEye‘s (NASDAQ: GEOY) decision to sign a merger agreement with DigitalGlobe (NYSE: DGI) was prompted by uncertainty over funding for a GeoEye contract with the National Geospatial-Intelligence Agency, GeoEye CEO Matt O’Connell told the Washington Business Journal. In an interview with reporter Jill Aitoro, O’Connell estimated the 10-year, $3.8 billion …

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GeoEye’s Bill Schuster on Professional Path, Future of Commercial Imagery

As GeoEye‘s (NASDAQ: GEOY) chief operating officer, Bill Schuster has led the company’s overall management and direction since joining the company as COO in December 2004. In a recent interview with ExecutiveBiz, Schuster discussed how he applies his 22 years of CIA experience into his current position, including lessons learned …

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NGA Awarding GeoEye $111M For Satellite Milestone; Matt O’Connell Comments

GeoEye Inc. (NYSE: GEOY) will receive $111 million from the National Geospatial-Intelligence Agency after completing a milestone in developing the GeoEye 2-satellite, the company announced Thursday. NGA is awarding the cost-share payment under a firm-fixed-price contract, covering the agency’s EnhancedView program. Defense and intelligence agencies will receive color imagery from …

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