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Report: PE firms making play for TiVo

Potential private equity buyers have offered to buy TiVo Corp. for more than $20 per share, TheStreet.com reported Dec. 29, citing a source with knowledge of the matter.

While TiVo has not launched a strategic review process, the source said the company has received multiple expressions of interest.

As of about 11:40 a.m. ET on Dec. 29, shares of TiVo were up by 10.71%.