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QVC And Residence Purchasing Community Are Merging To Make The Late
The very best community advertising and marketing merchandise have just a few things in frequent. QVC’s Liberty Interactive will buy the sixty two percent of Home Procuring Community’s father or mother that it didn’t already own in an all-stock deal valued at $2.1 billion. Shareholders approved HSN’s purchase of Universal TELEVISION for $four billion, changing the company’s title to USA Networks Inc. House Shopping Network Owner HSN Completed Buy of Paul Allen’s Controlling Interest in Ticketmaster,” Communications Every day, July 21, 1997, p. 8. Colorado-based mostly Liberty Interactive Corp., which owns QVC and already owns 38 percent of HSN, will buy the remainder of Home Procuring Network for about $2.6…