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07-06-2017 09:55 AM
I just saw where QVC bought HSN for $2 billion.
07-06-2017 09:56 AM
Oh no!!!! HSN has such great deals, coupons, shipping, etc. Hope it stays the same!
Also, like many of their lines of clothing and accessories!
07-06-2017 10:00 AM
@eddyandme wrote:Oh no!!!! HSN has such great deals, coupons, shipping, etc. Hope it stays the same!
Also, like many of their lines of clothing and accessories!
I hope HSN stays the same too. I love their prices. They have the best clearance prices. However I have always heard they were affiliated with Q. Not sure if this is true.
07-06-2017 10:00 AM
source?
07-06-2017 10:01 AM
There is a thread right below this that has sources/links in it.
07-06-2017 10:02 AM
I heard that this morning. I didn't know they already owned stock in HSN.
07-06-2017 10:04 AM
I thought that QVC's parent company owned some of their stock already. I know they've talked about buying HSN for years. Also thought QVC bought Zulilly too.
07-06-2017 10:04 AM
Google it. The parent company that owns QVC already owned stock in HSN and has now purchased more stock. The article I read doesn't say if it now has a controlling interest -or if they are planning to take over control of HSN.
07-06-2017 10:04 AM
The rich get richer.
07-06-2017 10:05 AM - edited 07-06-2017 10:06 AM
@151949 wrote:Google it. The parent company that owns QVC already owned stock in HSN and has now purchased more stock. The article I read doesn't say if it now has a controlling interest -or if they are planning to take over control of HSN.
Liberty InterActive, which owns QVC, already owned 38% of HSN and bought the remaining 62%. Mike George, the CEO of QVC will also be the CEO of HSN.
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