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TiVo (TIVO +3.6%) has closed higher with the help of another positive note from Janney's Tony...
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Thursday, December 6, 2012, 4:06 PM ETTiVo (TIVO +3.6%) has closed higher with the help of another positive note from Janney's Tony Wilbe, who suggests Google (GOOG) could acquire the DVR maker (market cap of $1.48B) rather than have its Motorola Mobility unit pay an enormous settlement. Wilbe argues the legal interpretations made for patents in TiVo's suit will make it very hard for Motorola to win, and estimates Motorola would have to pay $720M in damages if TiVo received $0.50/unit in damages for set-tops shipped over a 6-year period. (previous)
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