German HDTV maker Loewe AG has denied that it is in talks with Apple about a potential $113 million buyout of the company.



From AppleInsider:

The company issued a statement (via Google Translate) to German website Heise on Sunday, in which a spokesman claimed there was "absolutely nothing to" the rumor. An unconfirmed tip provided to AppleInsider on Saturday claimed that the company's board of directors was due to make a final decision on an alleged deal before this Friday, May 18.

Loewe has been in the television market since 1929, and currently employs around 1,000 workers in 50 countries. Its TV sets feature minimalist designs and are geared toward the premium market.

  Loewe denies rumors of Apple acquisition