Garmin has inked a letter of intent to acquire its...

2007-05-09T00:00:00

Garmin has inked a letter of intent to acquire its long-time German distributor, GPS GmbH. The deal is subject to negotiations with Axel and Klaus Därr, shareholders of GPS. The German firm also acts as German distributor for various manufacturers of marine communication systems and satellite cell phones. GPS was ...

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