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Fly News Breaks for April 29, 2016
TIVO, ROVI
Apr 29, 2016 | 08:29 EDT
Piper Jaffray analyst Michael Olson believes the rationale of the TiVo (TIVO) deal makes, but he points out Rovi (ROVI) has a "checkered" history with acquisitions. Rovi will need to address concerns as some investors remain apprehensive about its ability to do deals, Olson tells investors in a research note. He has an Overweight rating on Rovi.
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