Feb 24 (Reuters) - Macdonald Dettwiler And Associates Ltd MDA.TO
* Transaction expected to be accretive to operating earnings per share in 2018
* MDA will acquire digitalglobe for us$35.00 per share
* Says digitalglobe common share will be exchanged for us$17.50 in cash and 0.3132 mda common shares
* MDA to acquire digitalglobe, creating industry leader in end-to-end space systems, earth imagery and geospatial solutions
* Deal is a combination of cash and stock
* Transaction values digitalglobe at an equity value of approximately c$3.1 billion
* Deal anticipated to deliver c$75-150 million in run-rate synergies by 2019
* Transaction values digitalglobe at an enterprise value of c$4.7 billion
* As part of transaction, MDA will apply to list its shares on NYSE in addition to TSX
* Upon completion of transaction, combined company will continue to execute its "U.S. Access plan strategy"
* Deal unanimously approved by boards of directors of both companies, and is expected to close in second half of 2017
* U.S. access plan strategy to include reorganization of all or part of combined Co's corporate, operating structure
* Howard Lance, president and chief executive officer of MDA will lead combined company
* U.S. access plan strategy to ensure that ultimate parent of digitalglobe is incorporated in U.S. By end of 2019
* Three of digitalglobe's current directors will be appointed to MDA board of directors Source text for Eikon: ID:nCNWnH6dTa Further company coverage: MDA.TO