Cerberus Bet Hits Escape Velocity via GeoEye Merger

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By Pete Gallo

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How different the world can look in a few years! When Stephen Feinberg’s Cerberus Capital Management first took an interest in Herndon, Virginia–based satellite imaging company GeoEye in 2010, the company was poised to fly higher, thanks to multibillion-dollar funding promised by federal agencies, including the U.S.

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