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Folio: magazine cites industry observers who believe that Macrovision Corp. “…faces an uphill battle for shareholder approval…” of its plans to purchase Gemstar TV Guide for $2.8 billion in cash and stock.  Wal-Street has been underwhelmed by the pairing from the get-go, punishing shares of both companies on the day the deal was announced.  What the purchase would mean for TV Guide magazine is unclear.  Macrovision has announced no plans for the combined companies’ publishing division.  Folio:  (Jan. 24, 2008)

Tags: Gemstar-TV Guide, Macrovision, TV Guide

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