Rovi $1.1 billion acquisition of TiVo

Overview:

• Rovi has made a $1.1 billion bid for TV tech company TiVo.
• The deal is meant to make the new company competitive with Apple TV and Comcast.
• The deal is expected to be completed in Q3 2016.
• Cooley advised the acquirer.
• Skadden Arps Slate Meagher & Flom advised the target.

Kurt Stumpo - Journalist - North America and the Caribbean