Deals
Loewe Declines to Comment on Report Apple to Buy Company
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Loewe AG declined to comment on a report that Apple Inc. will purchase the German TV maker for 87.3 million euros ($112.8 million).
Loewe “does not want to take part in these rumors,” said company spokesman Roland Raithel in an e-mailed statement. Earlier today, Deutsche Presse-Agentur cited an unidentified Loewe spokesman saying that “there is no truth” to the story, which was posted on the AppleInsider website yesterday.