Re: TiVo up more than 5% after hours
My guess is that everyone that bought on rumor and were expecting a fair deal are now selling on the news now so I think it should creep up over the next few weeks.
I havent looked into the collar on the deal yet, but some of the chatter has me worried about it further downside. It could be that there is a risk that if Rovi goes up too much before closing, then the payout for TiVo shareholders will be much less. But I dont know enough about the collar to justify this speculation.