Sensors and Systems
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September 28th, 2010
GeoEye raises $78 million from Cerberus Capital Management

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TRADING MARKETS – GeoEye, Inc. a provider of satellite and aerial-based geospatial information and services, has completed the private placement of 80,000 shares of the company’s Series A convertible preferred stockto Cerberus Satellite LLC, an affiliate of Cerberus Capital Management, L.P. Gross proceeds to the company from the private placement were $78 million. Cerberus Capital Management is a private equity firm. All the entities are based in the US. Read More

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