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Loewe shares rise on revived Apple buyout rumors

02/13, 11:45am

Source of new rumors unknown

Shares of German TV maker Loewe have risen 43 percent on revived rumors of an Apple buyout, Reuters reports. "Apple supposedly wants to bid 4 euros a share for Loewe," one stock trader is quoted as saying. A Loewe spokesman claims the company is unaware of any acquisition offer, while Apple has refused to comment one way or another on the matter.

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German TV maker Loewe denies rumor of possible Apple buyout

05/13, 6:28pm

Company could have helped in creation of Apple TV

A German TV maker, Loewe AG, is denying rumors that it has been in talks with Apple about a possible buyout, according to Heise Online. A tip to AppleInsider recently suggested a deal worth $113 million, and that Loewe's board of directors were going to make a decision before May 18th. A Loewe spokesman now insists, however, that there is "absolutely nothing" to the claims.

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