DigitalGlobe Inc.

DIGITALGLOBE, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by MacDonald, Dettwiler and Associates May be Unfair to Shareholders

Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of DigitalGlobe, Inc. (“DigitalGlobe”) (NYSE: DGI) concerning the acquisition by MacDonald, Dettwiler and Associates Ltd. Under the terms of the agreement, valued at approximately $2.4 billion, DigitalGlobe shareholders will only receive $17.50 in cash and 0.3132 of a MacDonald Dettwiler share per DigitalGlobe share owned. The total consideration is valued at approximately $35.00 per share, which is significantly lower than at least one analyst’s estimated value of $44.00 per share.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at [email protected] or by calling (888) 809-2750. There is no cost or fee to you.

The investigation centers on whether DigitalGlobe’s Board of Directors is acting in the shareholders’ best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of DigitalGlobe could be as high as $44.00 per share.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters, including claims of investor and stockholder fraud, shareholder derivative suits, and securities class actions.

EN
01/03/2017

Reports on DigitalGlobe Inc.

 PRESS RELEASE

DigitalGlobe Announces Planned Departure of CEO Jeffrey R. Tarr Follow...

WESTMINSTER, Colo.--(BUSINESS WIRE)-- DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, today announced that Jeffrey R. Tarr, President and Chief Executive Officer, will depart the company following today’s successful closing of its merger with MacDonald, Dettwiler and Associates Ltd. (“MDA”) (TSX: MDA), resulting in the formation of Maxar Technologies. To ensure a seamless transition, Tarr will serve as an advisor to Maxar Technologies through at least January 2018. ...

 PRESS RELEASE

The DigitalGlobe Foundation: 10 Years of Championing Research, Experti...

WESTMINSTER, Colo.--(BUSINESS WIRE)-- This year, the DigitalGlobe Foundation (DGF) celebrates its 10th anniversary—marking a decade devoted to advancing the use of geospatial imagery to address local and global challenges and championing the education of the next-generation of geospatial leaders. The foundation is the 501(c)(3) organization underwritten by DigitalGlobe, Inc. (NYSE: DGI), a leading global provider of commercial high-resolution Earth observation satellite imagery and advanced geospatial solutions. The DigitalGl...

 PRESS RELEASE

DigitalGlobe and NTT DATA Extend Strategic Partnership to Use the Digi...

WESTMINSTER, Colo. & TOKYO--(BUSINESS WIRE)-- DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, and NTT DATA Corporation (TOKYO: 9613), a global IT services provider, today announced an agreement to extend their strategic partnership to produce large-scale 3D vector building model datasets, called AW3D Metro. This will combine NTT DATA’s elevation expertise with DigitalGlobe’s high-resolution imagery and platform capabilities to create one of the highest resolution 3D ...

 PRESS RELEASE

DigitalGlobe Delivers WorldView-4 High-Resolution Satellite Imagery to...

WESTMINSTER, Colo.--(BUSINESS WIRE)-- DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, today announced that it has delivered high-accuracy, high-resolution imagery from its WorldView-4 satellite to PSMA Australia to further build out Geoscape®, a digital representation of the Australian continent’s built environment. PSMA Australia offers national geospatial datasets derived from authoritative sources to support a range of public and private business solution...

Please Change Name John C Forrey
  • Please Change Name John C Forrey

DigitalGlobe, Inc. - June 2017 (LTM): Peer Snapshot

Peer Snapshot: DigitalGlobe, Inc. - June 2017 (LTM) 21 August 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17

ResearchPool Subscriptions

Get the most out of your insights

Get in touch