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July 6, 2017
By: Christine Esposito
Editor-in-Chief
Liberty Interactive Corporation, parent of QVC, has announced that it will acquire the 62% of HSNi it does not already own in an all-stock transaction that’s valued at more than $2.0 billion. Liberty Interactive currently owns 38.2% of HSNi and, under the definitive agreement will acquire the remaining 61.8% stake, making it a wholly-owned subsidiary, attributed to the QVC Group tracking stock. HSNi shareholders will receive fixed consideration of 1.65 shares of Series A QVC Group common sto...
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