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Liberty Interactive to buy rest of HSN in $2.1 billion deal
July 6, 2017 / 2:17 PM / 5 months ago

Liberty Interactive to buy rest of HSN in $2.1 billion deal

REUTERS - Liberty Interactive Corp said it agreed to buy 62 percent of HSN Inc that it did not already own in a deal valued at about $2.1 billion.

The all-stock offer is worth $40.36 per HSN share, a premium of 29 percent to the stock’s Wednesday close.

The deal has an enterprise value of $2.6 billion, Liberty Interactive said.

Reporting by Narottam Medhora in Bengaluru; Editing by Sriraj Kalluvila

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