Investigation of Potential Action Concerning DigitalGlobe, Inc. (NYSE: DGI)
Kessler Topaz Meltzer & Check, LLP is investigating a potential shareholder action on behalf of current shareholders of DigitalGlobe, Inc. (“DigitalGlobe”).
About DigitalGlobe, Inc.
DigitalGlobe provides earth-imagery, data, and analysis in the United States and internationally. The company sources its imagery solutions and other services from its own satellite constellation and third-party providers.
Alleged Wrongful Conduct
Kessler Topaz Meltzer & Check, LLP is investigating potential breaches of fiduciary duties by members of DigitalGlobe’s Board of Directors, which may have caused harm to the company and its shareholders.
Specifically, on February 24, 2017, DigitalGlobe announced that it had signed an agreement to be acquired by MacDonald Dettwiler and Assoc. Ltd. (“MDA”) (TSX: MDA), with DigitalGlobe shareholders receiving $17.50 in cash and 0.3132 MDA common shares in exchange for each DigitalGlobe common stock share owned. Our investigation concerns whether DigitalGlobe’s Board of Directors fulfilled its fiduciary duties to obtain full and fair consideration for the company’s stockholders and is properly disclosing all material information about the transaction.
If you currently own shares of DigitalGlobe, Inc. (NYSE: DGI) and would like to learn more about our investigation, please fill out our online form or contact us today at 888-299-7706 or firstname.lastname@example.org.