 |
Navteq NVT (news,
chart,
quote) - NVT volatility Elevated into European Commission review
The European Commission said it opened an investigation into NOK's planned $8.1 billion buyout of NVT. NVT agreed to be purchased by NOK on Oct. 1 for $78 cash. NVT, a global provider of digital map data for location-based solutions and vehicle navigation, closed at $69.70. The EU has until August 8 to decide on the NOK-NVT deal according to the WSJ. NVT over all option implied volatility 33 is above its 23-week average of 19 according to Track Data, suggesting larger pr |
|
