Filed under: GPS

Reuters is reporting that the European Commission, apparently having completed is inquiry into the $4.2b acquisition offer TomTom made Tele Atlas last year, is apparently issuing a “statement of objections.” Apparently it’s not a flat-out rejection / do not pass go / do not collect $200, but now TomTom has until May 5th to work on resolving the issues the EU’s presented before it can get the thumbs up to make its big buy.

 

Read | Permalink | Email this | Comments

---

More: continued here