Walt Mossberg – For iPad and Mobile Devices, a “Port” out of the Norm
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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