TomTom declines comment on Tele Atlas report
AMSTERDAM (Reuters) - Dutch navigation device maker TomTom (TOM2.AS: Quote, Profile, Research) declined to comment on Sunday on a Reuters report that the European Commission is raising formal objections to its takeover of Tele Atlas (TA.AS: Quote, Profile, Research), TomTom's main map supplier.
A TomTom spokesman would not say whether the company had received such a "statement of objections" and said any problems the EU would raise about the deal were between it and the Commission.
"We continue to be committed (to the deal)," the spokesman said. "We are positive about the outcome."
(Reporting by Niclas Mika; Editing by Erica Billingham)
© Thomson Reuters 2008 All rights reserved
Ads by Career Builder
Senior Research Manager - Technology, Media and Telecom
Details: ...Technology, Media and Telecom (TMT) Summary...Healthcare, Technology, Telecom, Media, Retail, Energy...the Technology, Media, and Telecom sectors in order...
Media & Telecommunication Cr. Analyst & Jr. Relationship Manager
Details: ...Relationship Manager to join their Media & Telecommunications Corporate Finance...analysis of corporations in the Media, Telecom and Technology industries...
Digital Media Sales Executive
Details: Digital Media Sales Executive / Sales...seeking a Digital Media Sales Executive...creating digital media sponsorship packages...
TMT Managing Director (Investment Banking)
Details: ...the Technology, Media, and Telecom industries. The...in Technology, Media, and Telecom will join a team...in Technology, Media, and Telecom position.





