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AngleEdge
2 Comments
Garmin Bids For Tele-Atlas: Navteq Should Have Waited [view article]
Yeah, agree with the above comment. For someone who posts on a respected financial blog site, I would have expected a little more research about the difference between a cash deal and a stock deal. NVT is being bought out for 78 dollars CASH, not stock. You will have to pay capital gains when this deal closes in the first quarter, it just depends on whether you will pay long-term or short-term. Nov 02 03:52 PMGarmin Bids For Tele-Atlas: Navteq Should Have Waited [view article]
Yeah, agree with the above comment. For someone who posts on a respected financial blog site, I would have expected a little more research about the difference between a cash deal and a stock deal. NVT is being bought out for 78 dollars CASH, not stock. You will have to pay capital gains when this deal closes in the first quarter, it just depends on whether you will pay long-term or short-term. Nov 02 03:52 PM