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NEW YORK TV Guide is poised to change hands for the second time in a year, as parent Macrovision has found a buyer in Beverly Hills, Calif.-based private equity firm OpenGate Capital.
The sale, whose terms were not disclosed, is expected to close Dec. 1.
Macrovision, a video technology company, was expected to sell the magazine but keep its Web counterpart, along with Gemstar’s video programming grid technology, when it bought parent Gemstar-TV Guide in May for $2.8
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