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Article Date: July 2017
Word Count: 142

QVC Parent Buys Control Shares of Home Shopping Network


Liberty Interactive increased its share of its main competitor to 100% form 38% as the two TV retailers said they were combining to put up a stronger front against the growth of Amazon. The all stock deal is valued at $2.1 billion. The two companies are expected to remain separate brands under the new structure while leveraging their scale on back office operations. They are hoping to slow or reverse the ... Log in to view full article.

 


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