Navteq Shareholders Approve Nokia’s Buyout Offer
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Navteq shareholders overwhelmingly approved Nokia’s (NYSE: NOK) $8.1 billion buyout of the company, which was announced back in October. The deal also cleared one US regulatory hurdle last week, bringing it a step closer to fruition. Nokia has previously said it expects the acquisition to close in the first quarter of 2008, pending necessarily regulatory approvals in the US and Europe. Release
Dec 12, 2007 2:26 PM ET
Posted In: Money, M&A & Venture Capital, Companies, Nokia
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