Santa Clara, Calif. - Four months after first announcing plans to acquire Gemstar-TV Guide (NASD: GMST), Macrovision (NASD: MVSN), a provider of anti-piracy technology and informational databases, said that shareholders from both companies have now approved the $2.3 billion deal.

The company also said that it has landed the necessary debt financing to complete the acquisition, which includes a $550 million term loan and $100 million of senior notes.

The acquisition is now expected to close on Friday.

"We are eager to continue our path to closing the transaction and moving forward as a combined company," said Fred Amoroso, the president and CEO of Macrovision.

The company first announced the deal to acquire Los Angeles-based Gemstar-TV Guide in December, and received regulatory approval in January.

Related Links:
http://www.macrovision.com/company/newscenter/pressreleases/1434_8658.htm

http://www.gemstartvguide.com