Gemstar approves Macrovision purchase
By Julian Clover
April 30, 2008 12.12 UK
Gemstar-TV Guide International has approved the purchase of the company by Macrovision.
Anticipated disquiet among shareholders failed to materialise as shareholders also approved $650 million of debt financing for the company that will be known as Macrovision Solutions Corporation.
The magazine interests are now likely to be sold, leaving the company with a series of EPG applications, and widely exercised patents in digital TV.
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