TiVo Inc. (NASDAQ:TIVO) Investor I Investigation Over Potential Acquisition Announced

If you purchased shares of the TiVo Inc. (NASDAQ:TIVO) and currently hold any of those NASDAQ:TIVO shares, you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
TiVo
Affected Securities: 
NASDAQ: TIVO

April 1, 2016 (Shareholders Foundation) - An investigation for investors, who currently hold NASDAQ:TIVO shares, is ongoing concerning whether a potential takeover of TiVo Inc. would be unfair to investors in NASDAQ:TIVO shares.

The investigation by a law firm is at an early stage and concerns whether a takeover would be unfair to NASDAQ:TIVO investors.

On March 24, 2016, it was reported that TiVo is in "advanced negotiations" to be bought out by Rovi (NASDAQ: ROVI).

However, given that shares of TiVo Inc. (NASDAQ:TIVO) reached as high as $14.09 per share in August 2014 and that at least one analyst has set the high target price for NASDAQ:TIVO shares at $18.00 per share, the investigation a law firm concerns whether the TiVo board of directors will undertake an adequate sales process, adequately shop the company before entering into any transaction, maximize shareholder value by negotiating the best price, and act in the shareholders' best interests in connection with the proposed sale.

TiVo Inc. reported that its Total Revenue rose from $303.91 million for the 12 months period that ended on January 31, 2013 to $489.61 million for the 12 months period that ended on January 31, 2016.