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Wednesday, September 7, 2016

Equity Trader Alert #2016 - 214
Information Regarding Merger Transaction between TiVo Inc. (TIVO) and Rovi Corporation (ROVI)

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  • Industry Announcement

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The previously announced merger between TiVo Inc. (TIVO) and Rovi Corporation (ROVI) will be effective today, Wednesday, September 7, 2016 at 5:02 PM ET. As a result, TiVo Inc. (TIVO) will be suspended from trading effective September 8, 2016.

Rovi Corporation (ROVI) will be the surviving entity and will have a name change to TiVo Corporation and will assume the ticker symbol TIVO.

See the suspension details below:

Company Name: TiVo Inc.
Issue: Common Stock
CUSIP: 888706108
Symbol: TIVO
Marketplace Effective Date for the Suspension: September 8, 2016
Merger Consideration: $2.75 & 0.3853 shares of TiVo Corporation for every one (1) share of TiVo Inc. held. Payable upon surrender of certificates.

As a result of the merger, Rovi Corporation (ROVI) will undergo a change to its corporate name, CUSIP, and ticker symbol. The details are as follows:

Current Company Name: Rovi Corporation
Issue: Common Stock
Current CUSIP: 779376102
Current Symbol: ROVI
New Company Name: TiVo Corporation
New CUSIP: 88870P106
New Symbol: TIVO
Marketplace Effective Date:
 September 8, 2016

If you would like to register as a market maker in TIVO contact Nasdaq Trade Desk at +1 212 231 5100.

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