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Valuevision International Inc

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BUSINESS
March 8, 1994 | From Times Staff and Wire Reports
Infomercial Firm in Merger Pact: National Media Corp., a leading producer of the program-length commercials, agreed to be acquired by ValueVision International Inc. for $150 million. National Media, based in Philadelphia, accepted a sweetened offer of $11.50 a share after battling a hostile $10.50-a-share tender offer by ValueVision, a Minneapolis-based home shopping network.
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BUSINESS
March 8, 1994 | From Times Staff and Wire Reports
Infomercial Firm in Merger Pact: National Media Corp., a leading producer of the program-length commercials, agreed to be acquired by ValueVision International Inc. for $150 million. National Media, based in Philadelphia, accepted a sweetened offer of $11.50 a share after battling a hostile $10.50-a-share tender offer by ValueVision, a Minneapolis-based home shopping network.
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BUSINESS
December 21, 1999 | Reuters
NBC Internet Inc. has formed an alliance with closely held Telocity to offer a co-branded high-speed Internet service using Telocity's technology. Unlike most high-speed Internet services, Telocity offers technology that can be installed by customers without additional work by a technician. It runs over conventional telephone wires. The deal is backed by a joint investment in Telocity by NBCi, NBCi's 47.3% owner NBC Networks, GE Equity and ValueVision International Inc.
BUSINESS
March 10, 1999 | From Associated Press
NBC is entering the world of fake furs, pasta cookers and porcelain figurines with its first investment in home shopping. NBC parent General Electric Co. is buying a minority stake in ValueVision International Inc., the third-largest home-shopping cable network, hoping to tie the companies' TV and Internet businesses into one powerful retailer. "Home-shopping channel offerings on cable . . .
BUSINESS
December 30, 1998 | From Bloomberg News
ValueVision International Inc. and Spiegel Inc.'s Eddie Bauer on Tuesday joined the chorus of retailers on the Internet to report a surge in holiday sales. ValueVision, which sells everything from housewares to designer fashions, saw its shares climb 82% after it said holiday-season sales on its Web site and home-shopping television network soared. The company said TV sales were up 70%. It didn't give a figure for Internet sales, but said they were increasing at a faster rate than TV sales.
BUSINESS
May 23, 2002 | SALLIE HOFMEISTER, TIMES STAFF WRITER
General Electric Co.'s NBC expanded the role of Entertainment President Jeff Zucker, who has improved the network's ratings since taking over programming in December 2000. NBC announced Wednesday that Zucker would take on responsibilities over syndication and studio production now handled by West Coast President Scott Sassa. Sassa's new role has yet to be determined, but NBC executives said he will be working on strategic initiatives.
BUSINESS
March 3, 1994 | From Reuters
On the heels of QVC's failed run at Paramount, another home shopping takeover battle is escalating as infomercial maker National Media Corp. tries to thwart a bid from ValueVision International Inc. The $140-million battle is tiny in scale compared to the $10-billion fight for Paramount Communications Inc., which home shopping giant QVC Network Inc. lost to cable programmer Viacom Inc.
BUSINESS
August 21, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
NBC Inc. is in advanced negotiations to take a 32% equity interest in Paxson Communications Corp. despite industry skepticism about whether the deal makes sense, according to sources at the network. Under the negotiations, first reported last week in Broadcasting & Cable Online, NBC would buy the stake, which has a current market value of more than $300 million, as a precursor to taking full control of Paxson when federal laws permit.
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