“Following an AppleInsider report that hit last night stating that Apple was in talks to acquire the company, German TV maker Loewe has today officially denied rumours of a $113 million buyout, with a company spokesperson stating that the report has ‘absolutely nothing to it,'” Matt Brian reports for 9to5Mac.
“Loewe contacted German website Heise, responding to speculation that suggested Apple had entered negotiations with the premium television manufacturer, tabling a €87.3 million (around $113 million) bid. However, the deal had reportedly yet to be agreed,” Brian reports.
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
RUMOR: Apple in talks to acquire German HDTV maker Loewe – May 12, 2012