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Garmin

Garmin Ltd. intends to make a cash offer for Tele Atlas N.V.

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Garmin Ltd. (NASDAQ: GRMN) announced today that it notified the supervisory and managing boards (collectively the “Boards”) of Tele Atlas N.V. (“Tele Atlas” or “the Company”) today of its intention to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of €24.50 in cash per share (the “Offer”), implying an equity value for the Company of €2.3 billion.
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Garmin® Signs Letter of Intent to Acquire Danish Distributor

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CAYMAN ISLANDS/October 11, 2007/PR Newswire/ - Garmin Ltd. (NASDAQ: GRMN) announced today that it has signed a letter of intent for the proposed acquisition of Fairpoint Navigation A/S (“Fairpoint”), the distributor of Garmin’s consumer products in Denmark.  The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing conditions.  The acquisition is expected to be completed in January 2008.
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Garmin® Bolsters Role in Fitness Industry Through Race Sponsorships, Forerunner 50 Release

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OLATHE, Kan./October 4, 2007/PR Newswire — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), is going the extra mile this weekend at the Chicago Marathon. As part of its growing sponsorship program that focuses on many of the biggest races in the nation, Garmin is proud to contribute to the marathon that brings 45,000 runners to the hometown of its flagship retail store on Michigan Avenue. Also this weekend, runners and supporters will get their first chance to test and purchase Garmin’s newest fitness watch, the Forerunner 50.
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