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Oct 01

Nokia to Acquire NAVTEQ

Tag: Car Navigation, Corporate, GPS, Mergers and Acquisitions, Mobile, Navigation, Navteq, Nokia, TechLuver — Jack @ 6:18 AM

According to Nokia press release, Nokia and NAVTEQ today announced a definitive agreement for Nokia to acquire NAVTEQ. Under the terms of the agreement, Nokia will pay $8.1 billion net of NAVTEQ existing cash balance.

More at Nokia…

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Nokia to Acquire NAVTEQ

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