U.S. navigational device maker Garmin said on Friday it dropped its pursuit of digital mapmaker Tele Atlas, clearing the way for rival Dutch bidder TomTom to seal the deal. Tele Atlas shares tumbled 9 ...
London — The bidding war between Garmin and TomTom could start within the week as GPS map maker Tele Atlas gave TomTom five days to counter Garmin’s $3.3 billion bid for the map maker. Garmin’s tender ...
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