Rumor – Apple poised to acquire TV manufacturer Loewe AG for $112M

Tuesday, 15 May 2012 18:08 GMT By Stephany Nunneley

Rumor has it Apple has made a $112 million offer to LCD TV manufacturer Loewe AG. If true, the acquisition would pave the way for Apple to become even more omnipresent the electronics and tech departments. Develop’s calls to Loewe AG on the matter resulted in representatives for the firm hanging up when asked about the rumor.