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TomTom's Tele Atlas merger review deadline extended; goes public with remedy offer

By Robert McLeod ( December 19, 2007, 10:53 GMT | Insight) -- The European Commission and TomTom have agreed to extend the Phase 2 review of the acquisition of mapmaker Tele Atlas by 10 working days, possibly enabling the commission to avoid having to send out a Statement of Objections if it finds a package of remedies offered by the company offsets antitrust concerns.The European Commission and TomTom have agreed to extend the Phase 2 review or the acquisition of mapmaker Tele Atlas by 10 working days, possibly enabling the commission to avoid having to send out a Statement of Objections if it finds a package of remedies offered by the company offsets antitrust concerns....

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