Go Back   MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Old Feb 13, 2013, 11:01 AM   #1
MacRumors
macrumors bot
 
Join Date: Apr 2001
Shares of Television Set Maker Loewe Jump as Apple Acquisition Rumors Resurface




Reuters reports that shares of German television set maker Loewe jumped 43% today as rumors of a possible acquisition by Apple resurfaced. A trader was quoted as saying that Apple is looking to bid 4 euros per share for Loewe, but a company spokesman claimed that Loewe was not aware of any such offer.

Rumors of an Apple acquisition of Loewe first emerged in May of last year, dying when Loewe said there was "absolutely nothing to it". It is not known what has led to the renewed speculation today.

While Loewe's luxury TV designs are very much in line with what might be expected from the long-anticipated Apple television set, given that design is one of Apple's core strengths it is not immediately clear what unique contributions Loewe might bring to the table. The German manufacturer is 28% owned by Sharp, 13% by the company's management, 11% by storage company Lacie, and the rest freely traded.

As of the time of writing, Loewe shares were up 33% to 3.63 euros ($4.89), valuing the company at 53 million euros.

Article Link: Shares of Television Set Maker Loewe Jump as Apple Acquisition Rumors Resurface
MacRumors is offline   0 Reply With Quote

 
MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads
thread Thread Starter Forum Replies Last Post
Apple Television Set Not Expected Until 2015 or Later, But A7 Apple TV Could Come in 2014 MacRumors MacRumors.com News Discussion 127 Mar 3, 2014 01:34 PM
Apple Testing Television Set Prototypes, 'Isn't a Formal Project Yet' MacRumors MacRumors.com News Discussion 165 Feb 13, 2013 04:53 PM
Brightcove CEO Envisions His Dream Apple Television and Set-Top Box MacRumors MacRumors.com News Discussion 248 Dec 21, 2012 11:20 AM
Analyst Believes Apple Television Set Already in 'Full Production', Launch Timeframe Unclear MacRumors MacRumors.com News Discussion 174 Sep 2, 2012 05:02 AM
Apple Television Set to Include Motion Sensing Control and Touchscreen Remote? MacRumors MacRumors.com News Discussion 83 Jun 11, 2012 10:23 PM

Forum Jump

All times are GMT -5. The time now is 07:53 PM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC