By my back-of-the-envelope calculations, GRMN has lost $5.0B in market value since the NVT acqusition by Nokia was announced. Nokia is paying roughly $7.66B for NVT. A difference of $2.66B. Doesn't that indicate that NVT is worth much more to GRMN than what NOK is paying? Shouldn't shareholders reject the NOK offer for what should be a much better one from GRMN?
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