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Shop At Home Inc

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BUSINESS
August 13, 1999 | Bloomberg News
Shop at Home Inc., the No. 3 U.S. home shopping retailer, said it hired three investment banks to explore strategic alternatives, including the possible sale of television stations and a "significant" stake in the company. Yagemann Advisors, Banc of America Securities and Media Venture Partners were asked to find alternatives aimed at increasing shareholder value. Shop at Home's stations are in San Francisco; Boston; Houston; Cleveland; Raleigh, N.C.; and Bridgeport, Conn.
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BUSINESS
August 13, 1999 | Bloomberg News
Shop at Home Inc., the No. 3 U.S. home shopping retailer, said it hired three investment banks to explore strategic alternatives, including the possible sale of television stations and a "significant" stake in the company. Yagemann Advisors, Banc of America Securities and Media Venture Partners were asked to find alternatives aimed at increasing shareholder value. Shop at Home's stations are in San Francisco; Boston; Houston; Cleveland; Raleigh, N.C.; and Bridgeport, Conn.
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BUSINESS
November 15, 2000 | Bloomberg News
TV Azteca, Mexico's No. 2 broadcaster, said its Azteca America Inc. unit ended its agreement to purchase a television station in Bridgeport, Conn., from Shop At Home Inc. for $37.5 million in cash. Los Angeles-based Azteca America found "material reasons" during due diligence to end the agreement to buy WSAH-TV Channel 43, Azteca said. The companies couldn't be reached for comment. Azteca America is 20% owned by Mexico City-based TV Azteca and 80% owned by closely held Pappas Telecasting Cos.
BUSINESS
May 7, 2001 | From Associated Press
The board of directors of Shop At Home Inc. have voted to fire President and Chief Executive Kent E. Lillie. Company Chairman J.D. Clinton made the announcement in a news release Saturday. Lillie took over the company in 1993 and helped increase its revenue from $20 million to $200 million. He also moved the company to Nashville, led its acquisition of six television stations and built it into a nationally distributed television home-shopping market.
BUSINESS
January 6, 1999 | From Bloomberg News
Amazon.com Inc. said its fourth-quarter sales nearly quadrupled to $250 million as holiday shoppers worldwide flocked to its World Wide Web sites. The sales boost won't reduce its anticipated loss for the quarter, however. The No. 1 online book and music retailer said it shipped 7.5 million items during the holiday season, more than in all of 1997.
BUSINESS
July 14, 1999 | JOSH FRIEDMAN
The Selectors: John Wallace and John Seabern, co-managers of Robertson Stephens Diversified Growth Fund in San Francisco. Their Record: Through Monday, the small-company growth fund (assets: $93 million) was up 50.8% year to date. A $10,000 investment at its inception in August 1996 would be worth $24,800 as of June 1, according to fund tracker Morningstar Inc., versus $14,200 for the same amount invested in the average small-company growth fund.
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