Gemstar to acquire TV Guide Inc.

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Gemstar International Group, Pasadena, Calif., and TV Guide Inc. entered into a $9.2 billion merger agreement under which TV Guide will become a wholly owned subsidiary of Gemstar. The company will be renamed TV Guide International. Gemstar is a provider of electronic-program-guide services, including the VCR Plus instant programming system.

Copyright October 1999, Crain Communications Inc.

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