Seeking Alpha

GeoEye (GEOY -0.1%) shareholders have approved their company's merger with DigitalGlobe (DGI...

GeoEye (GEOY -0.1%) shareholders have approved their company's merger with DigitalGlobe (DGI -0.8%). The deal still awaits DOJ, FCC, and NOAA approval, and is expected to close in early 2013. On average, DigitalGlobe is offering 1.137 shares and $4.10 in cash for each GeoEye share. The offer has a current value of $32.19/share, yet GeoEye closed at $30.53 - this suggests regulatory fears about the merging of the two satellite firms are still weighing on investors.
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