News Corp.'s 41%-owned affiliate Gemstar-TV Guide International Inc. put itself on the market, a move that could lead to the breakup of the company whose holdings include the TV Guide magazine and cable channel, as well as patents on electronic television program guides. Shares in Gemstar soared 15% in after-hours trading, after it announced its board had "authorized the company and its advisors to explore strategic alternatives intended to maximize shareholder value, which may include a sale of the company." Gemstar, which has a market capitalization of $2.2 billion, said it had hired investment bank UBS as its financial adviser. http://www.multichannel.com/article/CA6458646.html
http://online.wsj.com/article/SB118401337429261251.html?mod=technology_main_whats_news
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