April 20, 1993 |
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.
November 11, 1997 |
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.
February 28, 1992 |
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.
August 26, 1994 |
FCC Request Puts QVC Takeover on Hold: Comcast Corp. and Liberty Media Corp., which made a tender offer Aug. 11 for shares of home shopping network QVC Inc., said the Federal Trade Commission has asked for further information on the proposed takeover. Under the Hart-Scott-Rodino Antitrust Act, the FCC's request will extend the waiting period for 10 days after the information is provided.