Key Developments: HSN Inc (HSNI.OQ)
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Latest Key Developments (Source: Significant Developments)
HSN Inc Declares Quarterly Cash Dividend
HSN Inc announced that the board of directors approved a quarterly cash dividend of $0.18 per share payable September 18, 2013 to shareholders of record as of September 4, 2013. Full Article
HSN Inc Declares Quarterly Cash Dividend
HSN Inc announced that Board Of Directors approved a quarterly cash dividend of $0.18 per share payable June 19, 2013 to shareholders of record as of June 5, 2013. Full Article
HSN Inc Approves Quarterly Cash Dividend
HSN Inc announced that the board of directors approved a quarterly cash dividend of $0.18 per share payable March 20, 2013 to shareholders of record as of March 6, 2013. Full Article
HSN Inc Declares Quarterly Cash Dividend
HSN Inc announced that board of directors approved a quarterly cash dividend of $0.18 per share payable December 19, 2012 to shareholders of record as of December 5, 2012. This dividend represents a 44% increase in the prior dividend of $0.125 per share and demonstrates HSNi's continued confidence in its long-term growth potential. Full Article
HSN Inc Sees Q3 2012 Charge Guidance
HSN Inc announced that it expects to report approximately $18.3 million in pre-tax charges associated with the redemption of the Senior Notes in the third quarter of 2012. Full Article
Hsn Inc Approves Cash Dividend
Hsn Inc announced that the Board of Directors approved a cash dividend of $0.125 per share. The dividend will be paid on September 19, 2012 to Hsn Inc's record holders as of September 5, 2012. Full Article
Acacia Research Corp's Subsidiary Enters Into License And Settlement Agreement With HSN, Inc
Acacia Research Corp announced that its Site Update Solutions LLC subsidiary has entered into a license and settlement agreement with HSN, Inc. The agreement resolves litigation that was pending in the United States District Court for the Northern District of California. Full Article
HSN Inc Completes New $600 Million Credit Facility
HSN Inc announced that it has entered into a new $600 million five-year credit facility, replacing a $150 million revolving credit facility that was set to expire in July 2013. The new credit facility, which includes a $350 million Revolving Credit Facility (Revolver) and a $250 million delayed draw Term Loan (Term Loan), expires in April 2017. Loans under the Revolver and the Term Loan bear interest at a per annum rate equal to LIBOR plus 1.50% to 2.25%, based on HSNI's leverage ratio (the beginning LIBOR margin will be 1.50%). The Term Loan must be drawn by December 31, 2012. Proceeds from the new credit facility are available for general corporate purposes, including working capital, capital expenditures, acquisitions, share repurchases and redemption of the Company's $240 million 11.25% Senior Notes, due August 2016 and callable August 1, 2012 at a price of 105.625%. Full Article
HSN Inc Acquires Chasing Fireflies
HSN Inc announced that it has acquired Chasing Fireflies LLC, a direct to consumer premium children's and family lifestyle brand, through HSNI's operating segment, Cornerstone Brands. The acquisition allows HSNI to participate in a fast-growing business with unique and proprietary products, customer loyalty and high digital penetration. Terms of the transaction were not disclosed. Full Article
HSN Inc And Universal Pictures Partner To Create Multi-Channel Shopping Experience For Snow White And Huntsman
HSN Inc announced that it has has partnered with Universal Pictures to create a compelling and marketing partnership that entertains HSN's extensive customer base, engages new consumers and drives excitement to see one of the most anticipated films of the year, Snow White and the Huntsman. Full Article

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