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DigitalGlobe Prices IPO Above Expected Range; Stock Surges

Authored by Mark Hefflinger on May 14, 2009 - 7:23am.
Arlington, Va. - Shares of DigitalGlobe surged nearly 20% by midday Thursday on their first day of trading, hours after the developer of high-resolution imagery products and services raised $279.3 million in its initial public offering (IPO).
tags: Deals | Google Earth | IPOs | DigitalGlobe |