TomTom makes formal bid for TeleAtlas
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Add as a favourite source on Google Add DutchNews as a favourite source on GoogleCar navigation systems company TomTom launched its formal takeover offer for digital map supplier Tele Atlas on Tuesday. TomTom is offering €21.25 a share.
Tele Atlas shares closed at €21.80 on Monday after Nokia made an offer for rival map maker Navteq.
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