TV Guide-Gemstar Still a Crappy Company, Perhaps No Longer a Bargain

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Macrovision’s $2.8 billion proposed buyout of TV Guide-Gemstar might be hitting some hurdles. Namely, the wannabe buyer’s investors are questioning the future of the TV Guide’s stock price and readership. As in, they might fall!

Like they’ve been doing.

Also, Macrovision has no experience in publishing, which is somehow supposed to be a hindrance. Not that Joe Mansueto let that little problem stop him from buying Inc. and Fast Company. Then again, Joe spent $35 million, not $2.8 billion. So, apples and oranges?

Jan 30, 2008 · Link · Respond
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