Gary Busey

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    • Wed Oct 3rd 14:32 PM | Rating: 0 0
      Commented on:
      Navteq Deal Great For Nokia; Let Garmin Breathe
      The NOK proposal was a no-shop offer. Garmin is in a tough spot considering an $8 billion charge probably wouldn't go down that well with investors either. They are more of a reactive bunch over there in Olathe, so it's no surprise to me that they got caught with their thumbs up their asses when TomTom made the move on Tele Atlas.

      GRMN could prob pick up TA for $4 billion right now since there's no way the necessary 80% of TA's holders are now going to let the company go for the $2.5B on the table. They'd be wise to do so.
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