Investor's Business Daily - Digital entertainment software maker Rovi (NMS:ROVI) will pay $14 or 0.2468 shares of Rovi stock for each share of Sonic Solutions (NMS:SNIC). With Rovi down 1.9% to 57.26, the stock offer is worth $14.13 as of Thu. But Sonic shot up 28.7% to 14.42. Rovi program guides find content from all over. Sonic has a platform for delivering TV shows and movies by Internet. Rovi also lifted its 2010 EPS guidance from a range of $2-$2.10 to $2.08-$2.12. Analysts saw $2.08. Rovi expects the deal to close in Q1 and to add 5-10 cents to 2011 profit.
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