Rovi-TiVo Deal Lands ‘Early Termination’ of Hart-Scott-Rodino Waiting Period

Rovi and TiVo landed “early termination” of the Hart-Scott-Rodino waiting period on Rovi’s proposed TiVo buy for $1.1 billion in cash and stock (see 1604290044), the companies said in a joint Monday announcement. The deal still awaits “other customary closing conditions,” including formal approval of both companies' shareholders, they said. The companies still expect the deal to close in Q3, they said.