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Macrovision sets meeting date for merger vote
By Lisa Kerner
Charlotte, N.C., March 28 - Macrovision Corp. will hold a special meeting of stockholders on April 29 at 11 a.m. ET in Santa Clara, Calif., the company said.
Stockholders will be asked to vote on the company's merger with Gemstar-TV Guide International, Inc.
As previously reported, Macrovision agreed to acquire Gemstar in a cash and stock transaction valued at some $2.8 billion.
Gemstar stockholders will receive $6.35 in cash or 0.2548 of a share of common stock in a new holding company that will own both Gemstar and Macrovision, a prior news release said.
Gemstar is a media and entertainment company located in Los Angeles.
Macrovision provides digital lifecycle management solutions, including anti-piracy and content protection solutions. The company is based in Santa Clara, Calif.
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