Apple to buy TiVo?


TiVo’s stock jumped about 17% after an article from Reuters started the rumor mill buzzing today that Apple is eyeing a takeover of TiVo. Despite Michael Ramsay, TiVo’s chief executive, saying that the company is not for sale, analysts figure the company might be an easy target, perhaps from consumer electronics makers to media companies looking to bolster their video services. Representatives for both Apple and TiVo declined comment on the story when Reuters contacted them.

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