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THE NEXT NEWS NETWORK - LET THE BATTLE BEGIN: MAJOR MERGER CONFIRMED
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THE NEXT NEWS NETWORK - LET THE BATTLE BEGIN: MAJOR MERGER CONFIRMED
Published on Jul 13, 2017
Sub for more: http://nnn.is/the_new_media | Jack Davis for Western Journalism reports, QVC and Home Shopping Network are merging to form a retail giant that will battle for the future of retail online, experts say. Liberty Interactive, which already owns QVC and as well as 38 percent of HSN, is planning to buy the rest of HSN for $2.6 billion to create a retail behemoth that would be the third-largest retailer in the U.S. behind just Amazon and Walmart.
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Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.
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