Get daily feeds in your e-mail. Subscribe Now!

Have great GetMarketNews news? Send us a tip!
Want to view Archives?

Search:
Shareholders OK takeover of Gemstar-TV Guide Fame it!
Posted on Apr 30 2008 1:45 AM by adeal

Shareholders of Macrovision Corp. and Gemstar-TV Guide International Inc. have approved Macrovision's takeover of Gemstar for about $2.3 billion in cash and stock, the companies said Tuesday. The deal calls for Macrovision to pay $6.35 per share, or 0.2548 Macrovision shares for every one Gemstar share. The companies expected the deal to close Friday. Gemstar-TV Guide said in a statement that more than 90 percent of its shareholders approved the takeover, while Macrovision said its shareholders also gave the go-ahead.



Full story: businessweek.com
Permlink | Email this | Comments[0]

Add your comment

Reader Comments

No comment found for this blog




Post Comment


Sections

BUSINESS BLOG

Analyst reports (77)
Bad news (68)
Competitive strategy (20)
Consumer experience (2)
Daily News (2706)
Deals (92)
Economic data (601)
Employees (553)
Entrepreneurs (3)
From the boards (4)
Good news (147)
Industry (540)
Insiders (11)
International markets (403)
Launches (29)
Law (12)
Major movement (35)
Management (142)
Marketing and advertising (1313)
Press releases (121)
Products and services (171)
Rumors (3)

Resources

Contact Us
Blog Script
Advertise
Blogger Signup
Downloads
Link Exchange
Cheap Hosting
FameBits
Tutorials
Pakistan Jobs
Afghanistan Jobs
Music Lyrics
Movie Trailers
Track Employees
Video Game Trailers
India Pak Videos
Google Android
Cricket Blog
Pakistan Dating





Most Commented On (60 days)

Recent Comments

FlashedCoder Blogs Network

Entertainment
Wireless
Health & Beauty
Consumer
Business
Software
Wallpapers
Spiritual
Politics & Society
Gaming
Traveling
Internet


Other FlashedCoder Network blogs you might be interested in: