TiVo shares rise on takeover speculation
08:02 - Thursday 24 February 2005 by Wolfgang Gruener
Source: Tom's Hardware – Keywords: tivo, shares, rise, on, takeover, speculation Category : Miscellaneous
Source: Tom's Hardware – Keywords: tivo, shares, rise, on, takeover, speculation Category : Miscellaneous
TiVo shares jumped more than 17 percent on Wednesday, fueled by speculation that Apple Computer Inc. might make a try to buy the digital video recorder maker, analysts said.
"What we hear on the street is that Apple is interested in their business and that they are a takeout target," said analyst Steven Kroll Jr. of Monness, Crespi, Hardt & Co.
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