MDA to Acquire DigitalGlobe in Deal Valued at $3.6 Billion

Published: 02-24-2017

Vinson & Elkins advised MacDonald, Dettwiler and Associates Ltd. (MDA), a global communications and information company providing technology solutions to commercial and government organizations worldwide, in a definitive merger agreement with DigitalGlobe, Inc., the global leader in Earth imagery and information about our changing planet.

Pursuant the agreement, MDA will acquire DigitalGlobe for $35.00 per share in a combination of cash and stock. The transaction values DigitalGlobe at an equity value of approximately $2.4 billion, and an enterprise value of $3.6 billion, including assumption of DigitalGlobe’s $1.2 billion in net debt.

The V&E team was led by corporate partners Jeff Floyd and Steve Gill and regulatory partners Dave Johnson and Billy Vigdor, with assistance from corporate associate Justin Hunter.  Also advising were partners Jason McIntosh, Natan Leyva and John Lynch; partner David D’Alessandro and counsel Regina Ibarra; partner David Wicklund; partner Sean Becker; counsel Jamie Tabb and Dan Gerkin; and partner Eric Klein. Senior associates Elizabeth McIntyre and Tyler Robinson and associates Brett Peace, Nettie Downs, Shauna DiGiovanni, Jonathan Sapp, Allyson Seger, Karsten Busby, Curt Wimberly, Caroline Colpoys, Jeffrey Swigart and Ryan Stalnaker also played key roles.


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