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The private-equity arm of Morgan Stanley announced plans to sell nearly half of its 31 percent stake in Longmont- based DigitalGlobe Inc. as shares of the provider of imaging services to the defense community have jumped one-third this year.
The sale of at least 6 million DigitalGlobe shares will cut its stake to about 18 percent.
Meanwhile, DigitalGlobe reiterated its 2010 guidance and forecast third-quarter earnings of 10 cents to 14 cents a share on revenue of $85 million to $91 million.
