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The acquisition of HSN positions Liberty Interactive's (QVCA) QVA unit as the third-largest online site, behind Amazon.com and Wal-Mart Stores' e-commerce business.
Liberty Interactive Corporation announced today that it has completed the acquisition of the 62% of HSN, Inc. it did not already own in an all-stock transaction.
Liberty Interactive (QVCA) to benefit from surge in online sales, buyout of HSN. The company's businesses are susceptible to rapid technological changes.
The St. Petersburg, Florida-based company said it had profit of 31 cents per share. Earnings, adjusted for non-recurring costs, came to 37 cents per share. The results did not meet Wall Street expectations. ...
Jan.11 -- On 2017's last day of trading a home shopping giant was created. QVC completed its $2.1 billion dollar takeover of HSN and in the process created the world leader in video commerce. In his first interview since the deal closed, QVC Group CEO Mike George spoke exclusively to Bloomberg's Emma Chandra.