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Home Shopping Network

BUSINESS
June 27, 1989
Merger Could Challenge Home Shopping: QVC Network, a fast-growing telemarketing company, offered to buy rival cable company CVN Cos. in a move that would create a powerhouse that could challenge Home Shopping Network's dominant position in the industry, analysts said. West Chester, Pa.-based QVC Network said it started talks to acquire CVN for $21 a share, valuing the Minneapolis-based company at $367.5 million. The combined companies would boast sales of nearly $800 million and compete with Home Shopping Network by marketing higher-priced products from such companies as Campeau Corp.
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BUSINESS
April 20, 1993 | JOHN LIPPMAN, TIMES STAFF WRITER
Liberty Media Corp., seeking to quell investor fears over a widening government investigation into alleged financial misdeeds at Home Shopping Network, on Monday unveiled a revised $105-million bid to boost its stake to 40% in the cable TV channel. The move comes nine days after Liberty withdrew a $640-million bid to acquire full ownership of the Clearwater, Fla.-based cable TV channel, after reports surfaced about alleged financial misdeeds by some of the company's executives.
BUSINESS
November 11, 1997 | Associated Press
Home Shopping Network Inc. and Univision Communications Inc. are teaming up to form the Spanish Shopping Network, a television retailer targeting the Latino market. The network is scheduled to premiere early next year. Los Angeles-based Univision is the largest Spanish-language network in the U.S.
BUSINESS
February 28, 1992 | CARLA LAZZARESCHI, TIMES STAFF WRITER
Raising the possibility that two large shop-at-home TV networks may be one too many in today's troubled retail climate, Home Shopping Network said Thursday that it is holding "exploratory" talks regarding a possible business combination with archrival QVC Network. Although neither company would elaborate on the announcement, analysts said rumors of a merger have been flying in recent days. The two networks dominate the $2-billion-a-year televised shop-at-home market.
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