GeoEye Plans DigitalGlobe Purchase; USDI Confirms Imagery Budget Cuts

WASHINGTON: The commercial imagery company, GeoEye, has made its play to buy competitor DigitalGlobe. UPDATED: DigitalGlobe Rejects GeoEye Bid (Monday 10 a.m.) The two companies built and operate satellites that provide unclassified overhead imagery used extensively by allies and the intelligence community. The companies had to act, faced as they are with deep cuts to…