Navteq (NVT) on Tuesday revealed the completion of its previously announced acquisition of Traffic.com, Inc (TRFC) for a total consideration of $177 million. The companies disclosed that they have extended the deadline for holders of Traffic.com common stock to March 27, and that holders could elect to receive $8.00 in cash or 0.235 shares of Navteq common stock.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.