Liberty Interactive $2.1 billion acquisition of HSN

Overview:

• Liberty Interactive has acquired 62% of HSN for $2.1 billion.
• Prior to this acquisition, Liberty had already owned 32.8% of HSN.
• Each HSN share will be converted into the right to receive 1.65 shares of Liberty Interactive’s Series A QVC Group common stock.
• HSN is a multichannel retailer and Liberty Interactive is an operator in the digital commerce business.
• Allen & Company served as financial adviser to Liberty Interactive.
• Centerview Partners and Goldman Sachs Group acted as financial advisers the special committee of the Board of Directors of HSN. 

Katrin Kostadinova - Data analyst