Archive for November 16th, 2007
Daily Archive
Friday, November 16th, 2007
GRMN out on map business, shares go up,
GRMN is officially out on the bid war for map makers. I thought it was an expensive and bad take over decision for GRMN in the first place. However it may very well be, GRMN original bid was a strategical move to force TOMTOM to raise their take over price. Tom-tom’s takeover will hardly be profitable financially in itself and having taken [...]