Liberty Media’s QVC Snaps Up E-Commerce Firm Zulily for $2.4 Billion

John Malone’s Liberty Interactive plans to acquire Zulily, an e-commerce company focused on clothing and lifestyle products, for $2.4 billion in cash and stock, hoping the site will give a sexier sheen to the 29-year-old QVC business. Under proposal, Zulily will remain a separate brand and continue to be run by its existing management team. Liberty Media said QVC... Read more »

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