Jennifer Flavin’s Serious Skincare Exits Hsn

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HSN shareholders, apart from Liberty Interactive, would own 10.6 p.c of the combined enterprise. Shares of HSN were up about 26 percent in afternoon trading on Thursday. Liberty Interactive shares had been down greater than 1 %. It is a tactic that he and Mr. Maffei have employed so incessantly that Liberty Media, a associated company that Mr. Malone additionally controls, has fully turned over its asset portfolio no less than once. Such a by-product is a basic Malone maneuver meant to avoid working up company taxes, since shareholders will receive shares within the newly christened QVC Group somewhat than a … Read More