It’s not just TV anymore: QVC merges with rival HSN to create mega online presence
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QVC is buying its longtime rival HSN — Home Shopping Network — in a $2.1 billion deal. It already owns about 40 percent of the company. The two have made a name for themselves with their channels, but they sell things online, too. And the thinking is that this merger will help them get even closer to the Amazons out there.
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