Toronto
CANADIAN satellite technology firm MacDonald Dettwiler & Associates Ltd agreed to acquire DigitalGlobe Inc in a cash and stock deal worth C$3.1 billion (S$3.3 billion), doubling the company's size and giving itself new access to lucrative US government customers.
DigitalGlobe shareholders will receive US$17.50 in cash and 0.3132 MDA shares representing a premium of about 18 per cent of the company's closing share price on Feb 16, according to a statement on Friday. MDA will also assume about...