Rovi-TiVo Deal Lands ‘Early Termination’ of Hart-Scott-Rodino Waiting Period
Rovi and TiVo landed “early termination” of the Hart-Scott-Rodino waiting period on Rovi’s proposed TiVo buy for $1.1 billion in cash and stock (see 1604290044), the companies said in a joint Monday announcement. The deal still awaits “other customary closing…
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conditions,” including formal approval of both companies' shareholders, they said. The companies still expect the deal to close in Q3, they said.