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Tag Archives: GeoEye

DigitalGlobe, GeoEye Complete Merger; Jeffrey Tarr Comments

DigitalGlobe (NYSE: DGI) and  (NASDAQ: GEOY) have completed their $900 million cash-and-stock merger, DigitalGlobe said Thursday. Both companies announced the transaction in July 2012, saying they are aiming to grow in the commercial and international markets and depend less on the U.S. government for revenue. “I look forward to working closely with …

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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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