The takeover target becomes the acquirer. In a change of roles from just two months ago, DigitalGlobe Inc (NYSE:DGI) has agreed to acquire GeoEye Inc. (NASDAQ:GEOY) in a $900 million deal in which every GeoEye share will receive either 1.137 shares of DigitalGlobe common stock plus $4.10 in cash, or $20.27 in cash and 1.425 shares of stock. The companies are the two main providers of commercial Earth satellite imagery to the U.S. government. The merger will...
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On Thursday, Facebook Inc (NASDAQ:FB) will undergo another first in its corporate history: it will report its inaugural quarterly earnings report as a public company. After the company’s disappointing May IPO, Wall Street and investors will go through the report with a fine-toothed comb. Concerns linger over Facebook’s online advertising business and its mobile strategies. Will the report answer some of these questions? But perhaps of greater interest will be the company’s revenue numbers. In...
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