TiVo and Rovi reportedly working out valuation and IP issues as merger talks continue

TiVo and Rovi Corp. continue to have serious discussions about a merger, Bloomberg reports.

The two digital entertainment companies are working to resolve differences in regard to valuation and intellectual property, "quibbling" over the long-term value of their respective patents, according to unnamed sources close to the discussions.

Bloomberg, however, says no deal is imminent between Rovi, which has a market cap of $1.5 billion, and TiVo, which is valued at $902 million. 

You can read the full Bloomberg report here.

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