NASDAQ: Information Regarding Merger Transaction between TiVo Inc. (TIVO) and Rovi Corporation (ROVI)
OREANDA-NEWS. September 08, 2016. The previously announced merger between TiVo Inc. (TIVO) and Rovi Corporation (ROVI) will be effective today, As a result, TiVo Inc. (TIVO) will be suspended from trading effective September 8, 2016.
Rovi Corporation (ROVI) will be the surviving entity and will have a name change to TiVo Corporation and will assume the ticker symbol TIVO.
See the suspension details below:
Company Name: | TiVo Inc. |
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Issue: | Common Stock |
CUSIP: | 888706108 |
Symbol: | TIVO |
Marketplace Effective Date for the Suspension: | September 8, 2016 |
Merger Consideration: | \\$2.75 & 0.3853 shares of TiVo Corporation for every one (1) share of TiVo Inc. held. Payable upon surrender of certificates. |
As a result of the merger, Rovi Corporation (ROVI) will undergo a change to its corporate name, CUSIP, and ticker symbol. The details are as follows:
Current Company Name: | Rovi Corporation |
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Issue: | Common Stock |
Current CUSIP: | 779376102 |
Current Symbol: | ROVI |
New Company Name: | TiVo Corporation |
New CUSIP: | 88870P106 |
New Symbol: | TIVO |
Marketplace Effective Date: |
September 8, 2016 |
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