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Garmin Vs. TomTom: A Timeline of Litigation Over Tele Atlas



By Andrea Kramer
15 November 2007 @ 03:16 pm ET

Quotes
GRMN 32.48 0.15

8) Today's news (see above).

Shareholders are hoping Garmin will continue its Tele Atlas war with TomTom, eventually outbidding it for a victory. After rumors earlier this week that GRMN may offer up to $60 a share for the prize, the stock took a hike upward. Since the settlement of the patent dispute today, shares of the equity have retracted more than 3.2%.

Copyright Schaeffer's Investment Research

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