The deal was accepted by the EU without conditions after a six-month antitrust probe. The deal is worth $4.5 billion and is expected to be finalized in June, according to a statement from TomTom. Both companies are based in the Netherlands.
For TomTom and Tele Atlas, this was "the best possible outcome allowing the new combination to go ahead with the full execution of its strategy," the companies said in a joint announcement.
The decision came … Read more