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Loewe denies Apple takeover rumours

German TV manufacturer Loewe has denied reports that it is set to be acquired by Apple.

Blog site Apple Insider had claimed that Apple’s board of directors was due to decide on an alleged US$113 million (€88 million) deal by the end of the week. Loewe issued a statement via German IT news site Heise Online stating the report has “absolutely nothing to it”.

Tags: Apple, Loewe