LIBERTY MEDIA TAKES OVER QVC.
| Position | Brief Article |
A plan for Liberty Media finally to take over the US shopping channel QVC from the cable operator Comcast was approved by the European Commission on August 26. The operation involves 57.7% of the capital in QVC, which stands for Quality, Value and Convenience, and totals USD7.9 billion by value. Liberty Media is owned by the cable magnate Jon Malone. The transfer may help Comcast to scale down its current debt...
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