BRIEF-Digitalglobe to acquire Radiant Group for $140 mln in cash


Oct 11 Digitalglobe Inc :

* Digitalglobe to acquire the Radiant Group, leading
provider of advanced geospatial solutions to the U.S.
Intelligence community

* Deal for $140 million in cash

* Digitalglobe Inc – deal $140 million in cash.

* Digitalglobe Inc – deal to be funded with cash on hand and
drawings under existing revolving line of credit.

* Digitalglobe Inc – definitive agreement to acquire
privately held Radiant Group, Inc from Aston Capital

* Digitalglobe Inc – reaffirm to completing share repurchase
program

* Digitalglobe Inc – expected 2016 radiant revenue of
approximately $100 million

* Digitalglobe Inc – deal is accretive to growth in revenue,
ebitda, net income and other key financial metrics

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