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Continuing Expansion In U.S., MDA To Acquire DigitalGlobe

Monday, February 27th, 2017

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Canadian satellite and communications company MacDonald, Dettwiler and Associates Ltd. (MDA) on Feb. 24 agreed to acquire U.S. satellite imagery firm DigitalGlobe [DGI] for $2.4 billion in a deal that accelerates its plan to serve U.S. government customers.“Today’s announcement creates a new company that will lead the industry by offering space systems and imaging solutions from inception to execution,” Howard Land, president and CEO of MDA, said in a statement. “This combination has the scale, resources and technology to serve…

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