The merger of QVC and the Home Shopping Network will bring together two marketing giants and a wealth of attendant customer loyalty.
Liberty Interactive, which owns QVC, will acquire the 62 percent of HSNi it does not already own in an all-stock transaction. Based on the Series A QVC Group common stock’s closing price as of July 5, 2017 and the number of HSNi undiluted shares outstanding as of May 1, 2017, this equates to a total enterprise value for HSNi of $2.6 billion, an equity value of $2.1 billion.
HSN, Inc. is a $3.5....