December 07, 2007

It's now official - almost - Nokia owns Navteq

Almost a done deal.. simply subject to approval of stockholders although there's no reason on the planet that they would turn down the $8 billion! Details... Termination of the HSR waiting period satisfies one of the conditions to completion of the merger between Nokia and NAVTEQ. Completion of the merger is also subject to the adoption of the merger agreement by NAVTEQ stockholders at the special meeting of stockholders, receipt of other regulatory approvals and the satisfaction of the other closing conditions set forth in the merger agreement.

1 comment:

geon said...

Are there any news about it?