Digitalglobe revising some terms of tender offer

By: Associated Press Email
By: Associated Press Email

Longmont, Colo. (AP) -- Digitalglobe Inc. is revising some of the
terms of a tender offer to buy 10.5 percent senior secured notes
due 2014 and a related consent solicitation. This includes extending the tender offer to October 25th from October 19th and pushing the consent payment deadline to October 11th from Tuesday. Digitalglobe, which collects satellite and aerial images that are used for defense and intelligence, mapping, environmental monitoring and other uses, said Monday that about $50.4 million of the notes had been validly tendered and not withdrawn as of Friday. This is approximately 15.2 percent of the outstanding principal amount. The Longmont, Colo., company's stock fell 53 cents, or 2.7 percent, to $18.90 in afternoon trading.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
KKCO NBC 11 News
2531 Blichmann Avenue
Grand Junction, CO 81505

Station Phone: 970.243.1111
Business Fax: 970.243.1770
Newsroom Fax: 970.245.3793
News Tip & Contest Line: 970.255.8477
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 130995413 -
Gray Television, Inc.