Breaking News | MDA buying DigitalGlobe for $2.4B

February 24, 2017 View this email in your browser Breaking News Alert Canada's MDA buying DigitalGlobe for $2.4 billion MacDonald, Dettwiler and Associates (MDA) announced Feb. 24 that it acquire commercial remote sensing company DigitalGlobe for $2.4 billion, the biggest deal to date in the ongoing consolidation in the Earth imaging market. MDA said it is offering $17.50 in cash and nearly one third of an MDA share per share of DigitalGlobe, for a combined value of $35 per DigitalGlobe share. That deal values DigitalGlobe at $2.4 billion, plus the assumption of $1.2 billion in DigitalGlobe debt. The boards of both companies have approved the deal, which they expect to close in the second half of this year. See Full Story   Copyright © 2017 SpaceNews Inc., All rights reserved. Our mailing address is: SpaceNews Inc. 1414 Prince St, Suite 204 Alexandria, VA 22314 Add us to your address book