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.
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.