Mergers and Acquisitions

Markets

Rpt: TiVo in Talks to be Bought by Rovi

Set-top box maker TiVo is in advanced talks to sell itself to digital entertainment guide provider Rovi, the New York Times reported on Thursday, citing people briefed on the talks.

Markets

Starwood Inclined to Go With Improved Anbang Bid

Starwood (HOT) has deemed a raised $78/share, or $13.2B, buyout offer from a Chinese group led by Anbang Insurance to be superior to the largely stock deal the hotelier reached in November with rival Marriott (MAR).

Markets

Unnamed Group Making a Run at Starwood

Four months after cinching a buyout deal with rival Marriott (NYSE:MAR), Starwood (NYSE:HOT) says it's received a nonbinding proposal from an unnamed "consortium of companies" at $76/share in cash, or $12.8B and versus MAR's largely stock deal initially valued at $12.2B but currently worth closer to $11B, or $65.38/share.