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-0.00253856668619415 0.00195274360476472 0.00429603593048231 0.00527240773286474 0.000781097441905861 0.00117164616285886 -0.00214801796524115 -0.00214801796524115
Stock impact report

Merging QVC And HSN Still Doesn't Solve Either's Amazon Problem [Seeking Alpha]

LIBERTY VENTURES (LVNTA) 
US:NASDAQ Investor Relations: ir.libertyinteractive.com/events.cfm
Company Research Source: Seeking Alpha
Summary Congratulations to HSN (NASDAQ: HSNI ) shareholders. Rival television shopping channel QVC - or its parent Liberty Interactive QVC Group (NASDAQ: QVCA ) anyway - made a pretty sweet buyout offer on Thursday, sending HSNI shares up a healthy 27%. The acquisition offer came at the right time. That is, in the shadow of a two-and-a-half year rout that looked like it was on the verge of an even steeper setback. Now, take the money and run. In the same sense that two wrongs don't make a right, two companies with the same incurable illness aren't going to collectively become healthy. There's a little company called Amazon.com (NASDAQ: AMZN ) that's making both companies increasingly irrelevant, chipping away at revenues and profits as a result. The merger solves nothing. Too Little, Too Late On the off-chance you're reading this and aren't aware, this past trading week HSN, short for Home Shopping Network, received a buyout bid from bigger rival Liberty Interactive, Show less Read more
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