QVC set for new ownership

Cable and satellite home shopping broadcaster QVC was today poised for new ownership following a deal valuing the channel at £8.4bn (€12.2bn).

QVC set for new ownership
Fri, 04 Jul, 2003 - 15:24

Cable and satellite home shopping broadcaster QVC was today poised for new ownership following a deal valuing the channel at £8.4bn (€12.2bn).

US cable giant Comcast sold its majority stake in QVC to co-owner Liberty Media, the media conglomerate headed by entrepreneur John Malone.

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