| Tax Information for Former Gemstar Stockholders |
Macrovision Solutions acquired the outstanding stock of Gemstar-TV Guide on May 2, 2008. Under the terms of the Merger Agreement, which can be found in the Joint Proxy Statement at the link below, each share of Gemstar-TV Guide stock was converted into the right to receive, at the election of each individual stockholder, subject to proration as detailed in the Merger Agreement, $6.35 in cash or 0.2548 shares of Common Stock of Macrovision Solutions. The election deadline was 5pm, EST April 28th, 2008. According to American Stock Transfer & Trust Company, stockholders electing to receive cash received 57.3% of the consideration in cash and 42.7% in stock. Fractional shares were converted to cash for the cash portion. For the stock portion, the fractional interest was converted at $15.78 per share for cash in lieu of stock. Stockholders electing stock and those who did not make an election received 100% of the consideration in stock. This information may potentially be found on your brokerage statements. For further information, please contact your broker. Tax information can be found on the Joint Proxy Statement, which can be accessed below. Because individual circumstances may differ, you should consult your tax advisor for a complete understanding of the tax effects of the merger to you, including the application and effect of foreign, state, local or other tax laws. Macrovision does not have a history of the cost basis of your shares. If you have not kept a record of your stock purchases and the shares were purchased through a broker, the broker may be able to provide you with this information. Click Here For Joint Proxy Statement |