GeoEye, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition By DigitalGlobe, Inc.

NEW YORK, July 23, 2012 — (PRNewswire) — Bernstein Liebhard LLP is investigating whether the Board of Directors of GeoEye, Inc. ("GeoEye" or the "Company") (NASDAQ: GEOY) breached its fiduciary duty to its shareholders in agreeing to sell GeoEye to DigitalGlobe, Inc. ("DigitalGlobe") (NYSE: DGI).

Under the terms of the agreement, GeoEye shareholders will have the right to elect either 1.137 shares of DigitalGlobe common stock and $4.10 per share in cash, 100% of the consideration in cash ($20.27) or 100% of the consideration in stock (1.425 shares of DigitalGlobe common stock), for each share of GeoEye stock they own, with the amount of cash and stock subject to proration depending upon the elections of GeoEye shareholders, such that aggregate consideration mix reflects the ratio of 1.137 shares of DigitalGlobe common stock and $4.10 per share in cash.  The investigation is focused on the potential unfairness of the price to GeoEye shareholders and the process by which the GeoEye Board of Directors considered and approved the transaction.

If you are interested in discussing your rights as a GeoEye stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:

(877) 779-1414
or
Email Contact.

Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients.  It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last nine years.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com

ATTORNEY ADVERTISING. © 2012 Bernstein Liebhard LLP.  The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.  The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Bernstein Liebhard LLP

Contact:
Bernstein Liebhard LLP
GeoEye, Inc.
DigitalGlobe, Inc.
Web: http://www.bernlieb.com




Review Article Be the first to review this article
Rand3D

Jobs
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Urban Designer - Urban Design/Planning for SERA Architects, Inc at Portland, OR
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Upcoming Events
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise