Market Doubts About Nokia-Navteq Merger
There are stock market doubts about the Nokia-Navteq merger, according to a piece in Medill Reports (which is written by graduate journalism students). “According to [Oppenheimer & Co. analyst Yair] Reiner, Nokia has yet to file for antitrust clearance by the European Union, and that’s raising doubts. Nokia and Navteq are committed, he said, but they’re waiting to see the EU’s decision on another merger deal, a bid by personal navigation device (PND) maker TomTom NV for digital map provider and Navteq competitor Tele Atlas NV.” Via All Points Blog.
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