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Morgan Stanley Announces Sale of Its Remaining Legacy Ownership Interest in DigitalGlobe
Feb 28 2013 | New York |
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Morgan Stanley (NYSE: MS) and DigitalGlobe, Inc. (NYSE: DGI) announced today that Morgan Stanley has informed DigitalGlobe of the recent sale of its remaining legacy ownership interest in 7,463,076 shares of DigitalGlobe common stock. “We recently divested our final stake in DigitalGlobe, with whom our relationship began over a decade ago,” said Edgar Sabounghi, the senior executive managing Morgan Stanley Principal Investments. “We are proud of our historical association with DigitalGlobe and wish the talented management team continued success in the future.” “We appreciate Morgan Stanley's contributions to DigitalGlobe since the time of their initial investment,” said Jeffrey R. Tarr, President and Chief Executive Officer of DigitalGlobe. “During this period, DigitalGlobe has grown from a fledgling start-up to a leading provider of geospatial information and analysis.” About Morgan Stanley About DigitalGlobe In January 2013, DigitalGlobe and GeoEye combined to become one DigitalGlobe, creating a company capable of providing greater value to customers through an integrated constellation and a broader set of products and services. For more information on the combination and its benefits, visit www.digitalglobe.com/combination. DigitalGlobe is a registered trademark of DigitalGlobe. For additional information, please contact: |
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