Macrovision's Take for TV Guide: A Single Dollar

Well, this would explain why they didn’t want to disclose the price.

In a filing with the SEC, Macrovision (MVSN) disclosed the price tag for the sale of TV Guide to OpenGate Capital, and it’s a stunner: a single dollar, along with the assumption of liabilities. (Like the need to fulfill current subscriptions.) Macrovision even agreed to provide the buyer with a loan of up to $9.5 million.

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  • http://www.speak-tome.com Ted Murphy

    That’s breathtaking, given they bought Gemstar-TV Guide 6 mos ago for $2.8 billion.

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