The Law Firm Of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of DigitalGlobe, Inc. In Connection With The Sale Of The Company To GeoEye, Inc.

Levi & Korsinsky is investigating the Board of Directors of DigitalGlobe, Inc. (“DigitalGlobe” or the “Company”) (NYSE: DGI) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a proposal from GeoEye, Inc. (“GeoEye”) (NASDAQ GS: GEOY) to purchase the Company in a cash and stock transaction valued at approximately $792 million. Under the proposed terms, DigitalGlobe shareholders would receive $17.00 per share in total consideration payable as $8.50 per share in cash and $8.50 in GeoEye stock. Alternatively, GeoEye would consider restructuring their proposal to increase the cash consideration up to 100% of the purchase price or, in the alternative, reducing the cash consideration and increasing the stock portion of their offer.

Click here to learn how to join the action: http://www.zlk.com/digitalglobe-dgi, or call: 877-363-5972. There is no cost or obligation to you.

The investigation concerns the Board's process for evaluating the proposed transaction and whether GeoEye would be underpaying for DigitalGlobe shares, thus unlawfully harming DigitalGlobe stockholders. In particular, at least one market analyst set a price of $36.00.

If you own common stock in DigitalGlobe and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://www.zlk.com.

Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

If you liked this article you might like

World Leader in Earth Imagery DigitalGlobe a Promising Pick for Smart Investors

DigitalGlobe (DGI) Showing Signs Of Being Strong And Under The Radar

DigitalGlobe (DGI) Flagged As Strong On High Volume

Insider Trading Alert - SWK, DGI And DPS Traded By Insiders

Insider Trading Alert - DEPO, DGI And MYCC Traded By Insiders