Updated from 7:38 a.m. EDTNavigation devices maker Garmin (GRMN - Get Report) stunned investors Wednesday with an unsolicited 2.3 billion euro ($3.3 billion) bid for Dutch mapping company Tele Atlas, trumping a three-month old offer from rival TomTom.
Garmin Bids for Tele Atlas
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.