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Deals Rumor Mill: TiVo, Rosneft, Essar Steel India

By Benjamin Horney ( March 24, 2016, 5:49 PM EDT) -- TiVo Inc. may soon be sold to Rovi Solutions Corp., The New York Times reported on Thursday, in a deal that would unite TiVo with one of the largest owners of digital entertainment device patents. According to the report, TiVo is valued at around $750 million, and the two California companies are closing in on an agreement. TiVo shareholders would get a combination of cash and stock in the deal, the report noted, and no precise price has been agreed on as of yet. After the deal has been completed, TiVo shareholders will likely own roughly 30 percent of the merged entity, the report added. The report cautioned that talks could still fall apart....

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