Engaged Capital Sends Letter to Board of Rovi Corporation
Engaged Capital, an investment firm specializing in small and mid-cap North American equities and beneficial owner of 549,900 shares of the common stock of Rovi Corporation ("ROVI" or the "Company") (Nasdaq:ROVI), today sent a letter to the Company's Board of Directors (the "Board").
The full text of the letter follows:
March 12, 2015
Board of DirectorsRovi Corporation2830 De La Cruz BoulevardSanta Clara, CA 95050
Ladies and Gentlemen:
As you know, Engaged Capital (...