Thursday, April 30, 2009

Today's Fly Or Die Commerce Report

DigitalGlobe Inc. will reportedly sell shares of its stock to the public on the New York Stock Exchange. According to The Wall Street Journal, the initial public offering (IPO) for the company will be on May 14th, under the symbol DGI for $16 to $18 per share.

DigitalGlobe Inc. is a Colorado based company which provides corporations and government entities with high resolution satellite images.

With all of the big brother like technology being implemented into society, DigitalGlobe is hoping for a windfall. The Wall Street Journal states that the corporation is hoping to raise $250 million from the IPO.

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