NAVTEQ Corporation, a leading global provider of digital map data for vehicle navigation and location-based solutions, announced that a special meeting of stockholders will be held on Wednesday, December 12, to consider approval of the previously announced merger agreement entered into with Nokia.
NAVTEQ stockholders of record at the close of business on November 13, 2007, are entitled to notice of the special meeting and to vote on the adoption of the merger agreement. The special meeting will be held on December 12, 2007 at 9:00 a.m. Central Time at the Hyatt Regency Chicago, Columbian Room, 151 E. Wacker Drive, Chicago, Illinois 60601. The proxy statement dated November 13, 2007 and accompanying proxy card were mailed to NAVTEQ stockholders on or about November 16, 2007.
Completion of the merger is subject to the adoption of the merger agreement by NAVTEQ stockholders at the special meeting and the satisfaction of the other closing conditions set forth in the merger agreement. NAVTEQ currently expects to complete the proposed merger in the first quarter of 2008.