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e-commerce

Malone May Sell Control of QVC and HSN to Maffei

By
Martin Peers
· · Source: The Information

John Malone plans to sell control of QVC and HSN to his longtime lieutenant, Greg Maffei, in what appears to also be the latest step by the 80-year old Malone to unwind his business empire. Whether the deal goes ahead is up to Qurate’s board, however, and isn’t certain. Maffei, who is chairman of the QVC-HSN holding company called Qurate Retail, on Tuesday offered $14 a share—$387 million—for...

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