Rigrodsky & Long, P.A.:

  • Do you own shares of TiVo Inc. (NASDAQ GS: TIVO)?
  • Did you purchase any of your shares prior to April 29, 2016?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of TiVo Inc. (“TiVo” or the “Company”) (NASDAQ GS: TIVO) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Rovi Corporation (“Rovi”) (NASDAQ GS: ROVI), in a transaction valued at approximately $1.1 billion.

Click here to learn more: http://rigrodskylong.com/investigations/tivo-inc-tivo.

Under the terms of the agreement, shareholders of TiVo will receive $10.70 in cash for each share of TiVo common stock.

The investigation concerns whether TiVo’s board of directors failed to adequately shop the Company and obtain the best possible value for TiVo shareholders before entering into an agreement with Rovi. According to Yahoo! Finance, at least one analyst has issued a price target for TiVo stock at $18.00 per share.

If you own the common stock of TiVo and purchased your shares before April 29, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/tivo-inc-tivo.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra888-969-4242302-295-5310Fax: 302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com

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