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Stockholders approve Navteq/Nokia merger

Published Friday, December 14, 2007

Navteq Corp. has announced that its stockholders have approved the previously announced merger agreement with Nokia. According to the company, over 75% of the issued and outstanding shares of common stock eligible to vote, representing over 99% of the total votes cast at a special meeting, were voted in favor of the adoption of the merger agreement. Completion of the merger is also subject to receipt of regulatory approvals and the satisfaction of the other closing conditions. Once the merger is completed, Navteq will become a wholly owned subsidiary of Nokia Inc. Navteq also recently unveiled the expansion ...

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