TiVo pops ~0.30 after Citadel discloses 5.3% stake (8.98 +0.35)
Recent Tivo News
TiVo inceases and prices private offering of $150 mln 4.00% Convertible Senior Notes (8.75 )
Co announces pricing of its private offering of $150 mln aggregate principal amount of 4.00% Convertible Senior Notes due 2016.The size of the offering has been increased from the previously announced $120 mln aggregate principal amount. Co intends to use the net proceeds from the sale of the notes to fund intellectual property litigation and research and development spending and for general corporate purposes, which may include funding sales and marketing expenses, increasing working capital, making capital expenditures and potentially for strategic acquisitions
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