Friday, May 1, 2009

DigitalGlobe Satellite Service sets IPO terms

" NEW YORK, April 29 (Reuters) - DigitalGlobe Inc (DGI.N: Quote, Profile, Research), a satellite imagery company serving the military and large corporations, set the terms on Wednesday for its planned $250 million initial public offering and scheduled its pricing for mid-May.

The Longmont, Colorado-based company plans to sell 14.7 million shares at between $16 and $18 each, in a deal led by underwriters Morgan Stanley and JP Morgan, according to a regulatory filing."

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