Alibaba makes a run for full control of AutoNavi

|About: Alibaba Group Holding Lim... (BABA)|By:, SA News Editor

Alibaba (ABABA) offers to buy the portion of AutoNavi (AMAP) it doesn't already own for $21 per ADS.

The deal values AutoNavi at $1.58B.

AMAP +28.1% premarket to $21.18.