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Monday, July 23, 2007

NAVTEQ’s Stock Zooms 20%+ on News of Tele Atlas Acquisition

NAVTEQ’s (NVT) stocks is up over 20% on news of the acquisition of Tele Atlas by TomTom within the first hour of trading on Wall Street. Various analysts have ugraded the stock. This assumption here is that NVT now becomes a takeover target as well.

by Joe Francica on 07/23 at 09:20 AM | Comments | Bookmark and Share

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