March 9 (Reuters) - Rovi Corp:
* Reports confirmation of a $2.4 billion tax loss from the 2008 sale of tv
guide magazine
* Says has recognized an ordinary tax loss of approximately $2.4 billion from
the tv guide magazine sale
* Says anticipates recognizing a significant tax benefit in its first quarter
2010
* Says federal income tax cash benefit which could be realized is approximately
$836 million
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Rovi Corp click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Reports confirmation of a $2.4 billion tax loss from the 2008 sale of tv
guide magazine
* Says has recognized an ordinary tax loss of approximately $2.4 billion from
the tv guide magazine sale
* Says anticipates recognizing a significant tax benefit in its first quarter
2010
* Says federal income tax cash benefit which could be realized is approximately
$836 million
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Rovi Corp click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.