spacetoday.net: space news from around the web

AD: H2M 2014 Conference
DigitalGlobe rejects GeoEye offer
Posted: Tue, May 8, 2012, 5:59 AM ET (0959 GMT)
WorldView 2 spacecraft illus. (DigitalGlobe) Commercial remote sensing company DigitalGlobe has rejected a offer by rival GeoEye to acquire the company, saying it will wait until the end of the federal budget cycle to make a decision on whether to make its own bid to acquire GeoEye. DigitalGlobe said in a statement Sunday that the $17-per-share offer by GeoEye "substantially undervalues" the company. DigitalGlobe confirmed that the two companies had been in discussions about a potential acquisition for the last three months, with DigitalGlobe making its own offers to acquire GeoEye that were rejected. Those discussions were spurred by the 2013 federal budget proposal, which seeks to cut funding on a major contract, EnhancedView, that both companies have by more than half. DigitalGlobe said it would wait the outcome of budget deliberations in Congress before making any decisions on a deal with GeoEye.
<<previous article   next article>>
news in brief
Astronauts replace ISS computer in brief spacewalk
Posted: Thu, Apr 24 6:14 AM ET (1014 GMT)

Data shows increased frequency of asteroid impacts
Posted: Thu, Apr 24 5:58 AM ET (0958 GMT)

news links
Thursday, April 24
Asteroids as Seen From Mars; A Curiosity Rover First
NASA/JPL — 8:11 pm ET (0011 GMT)
The Space Sorority
Time — 8:03 pm ET (0003 GMT)
Astronomically speaking: Another Earth?
Univ. of Maryland Diamondback — 8:00 pm ET (0000 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list