DigitalGlobe (DGI) and GeoEye (GEOY) will merge in a stock-and-cash deal worth ~$900M, creating...

|By:, SA News Editor

DigitalGlobe (DGI) and GeoEye (GEOY) will merge in a stock-and-cash deal worth ~$900M, creating "a global leader in earth imagery and geospatial analysis with a more diversified revenue base, a superior financial foundation and significant growth potential." It's a 34% premium to GeoEye's Friday close. (PR)