Rovi Corp. (ROVI) Tops Q1 EPS by 6c

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Go back to Rovi Corp. (ROVI) Tops Q1 EPS by 6c

Rovi (ROVI), TiVo (TIVO) File Merger Presentation

April 29, 2016 7:13 AM EDT

Rovi Corp. (Nasdaq: ROVI) and TiVo (Nasdaq: TIVO) filed the following presentation on Friday morning related to the two companies' merger agreement, which was announced earlier in the session.

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Rovi Corp. (ROVI) to Acquire TiVo (TIVO) in ~$1.1B Deal

April 29, 2016 7:01 AM EDT

Rovi Corporation (NASDAQ: ROVI) and TiVo Inc. (NASDAQ: TIVO) today announced that Rovi will acquire TiVo for $10.70 per share in cash and stock for total consideration of approximately $1.1 billion. The new company combines two media and entertainment technology innovators with complementary products, services, and intellectual property assets and a common mission to write the next chapter of the consumer entertainment experience. The company will continue to be led by Tom Carson and upon closing of the transaction will adopt the iconic TiVo brand as the new company... More