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Liberty Interactive Corp (QVCB.OQ)

QVCB.OQ on NASDAQ Stock Exchange Global Select Market

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14 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Liberty Interactive Says Undertaken Review Of Tax Reform Bill
Tuesday, 26 Dec 2017 07:12am EST 

Dec 26 (Reuters) - Liberty Interactive Corp ::LIBERTY INTERACTIVE - UNDERTAKEN REVIEW OF TAX REFORM BILL, ITS POTENTIAL IMPACT ON PENDING REORGANIZATION TRANSACTIONS WITH GENERAL COMMUNICATION.LIBERTY INTERACTIVE - DUE TO CHANGES IN TAX LAW, SEES TOTAL CASH TO BE REATTRIBUTED FROM LIBERTY VENTURES TO QVC GROUP TO INCREASE TO ABOUT $1.3 BILLION.LIBERTY- INCREASE IN REATTRIBUTED CASH TO BE FUNDED BY LIBERTY VENTURES CASH ON HAND,GCI LIBERTY'S LIBERTY BROADBAND SERIES C COMMON STOCK MARGIN LOAN.  Full Article

Evite Expands Further Into Text Message Invites With Fête Deal
Tuesday, 19 Dec 2017 01:32pm EST 

Dec 19 (Reuters) - EVITE: :EVITE SAYS HAS ACQUIRED RIGHTS TO ASSETS OF FÊTE, A MOBILE INVITATIONS START-UP.EVITE - AS PART OF AGREEMENT FÊTE WILL BE SHUTTING DOWN ITS SERVICES AND INVITING USERS TO JOIN EVITE.EVITE SAYS TERMS OF TRANSACTION TO ACQUIRE RIGHTS TO ASSETS OF FÊTE WERE NOT DISCLOSED.  Full Article

LIBERTY INTERACTIVE REPORTS Q3 FINANCIAL RESULTS
Thursday, 9 Nov 2017 08:15am EST 

Nov 9 (Reuters) - Liberty Interactive Corp ::LIBERTY INTERACTIVE CORPORATION REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS.Q3 QVC CONSOLIDATED REVENUE $2.0 BILLION VERSUS I/B/E/S VIEW $2.33 BILLION.  Full Article

Liberty Interactive Q2 revenue $2.0 bln
Tuesday, 8 Aug 2017 09:00am EDT 

Aug 8 (Reuters) - Liberty Interactive Corp ::Liberty Interactive Corporation reports second quarter 2017 financial results.Q2 revenue $2.0 billion versus I/B/E/S view $2.4 billion.  Full Article

HSN says if merger is terminated Liberty Interactive will be obligated to pay to co fee equal to $75 million
Thursday, 6 Jul 2017 09:28am EDT 

July 6 (Reuters) - HSN Inc ::HSN Inc - if merger is terminated by co or Liberty Interactive, Liberty Interactive will be obligated to pay to co fee equal to $75 million .HSN - ‍If deal is terminated under specified circumstances, co will be obligated to pay to Liberty Interactive one-time fee equal to $40 million in cash​‍​‍​.  Full Article

Liberty Interactive enters into deal to buy HSN Inc for total enterprise value of $2.6 bln
Thursday, 6 Jul 2017 08:00am EDT 

July 6 (Reuters) - Hsn Inc ::Liberty Interactive enters into agreement to acquire HSN, Inc..HSN Inc says Liberty Interactive intends to issue 53.4 million shares of QVC series A common stock to HSNI shareholders.Entered into an agreement whereby Liberty Interactive will acquire 62% of HSNI it does not already own in an all-stock transaction.HSNI shareholders will receive fixed consideration of 1.65 shares of Series A QVC group common stock for every share of HSNI common stock.Says upon closing, Liberty Interactive board of directors will be expanded by one to include a director from HSNI board of directors.Total enterprise value for HSNI of $2.6 billion, an equity value of $2.1 billion, and consideration of $40.36 per HSNI share.‍Following completion of transaction, Liberty Interactive expects to continue its repurchases of QVC group common stock​.  Full Article

Liberty announces payment of semi-annual interest payment
Monday, 15 May 2017 04:45pm EDT 

May 15 (Reuters) - Liberty Interactive Corp ::Liberty announces payment of semi-annual interest payment and additional distribution on 4.0% senior exchangeable debentures due 2029.Liberty Interactive Llc says amount of semi-annual interest payment is $20.00 per $1,000 original principal amount of debentures.  Full Article

Synchrony Financial says signing of a multi-year contract with Zulily
Tuesday, 9 May 2017 05:30pm EDT 

May 9 (Reuters) - Synchrony Financial ::Synchrony Financial says signing of a multi-year contract with e-commerce retailer, Zulily.Says has also renewed consumer financing program for QVC.Says launch of Zulily credit card is expected in late 2017 or early 2018.  Full Article

General Communication says Liberty will pay GCI a termination fee of $65 mln, subject to terms and conditions of agreement
Monday, 10 Apr 2017 04:07pm EDT 

General Communication Inc : General communication - subject to terms and conditions of reorganization agreement, liberty will pay gci a termination fee of $65 million - sec filing .General Communication Inc - subject to terms and conditions of reorganization agreement, GCI will pay liberty a termination fee of $40 million.  Full Article

Liberty Interactive to buy General Communication for $1.2 bln
Tuesday, 4 Apr 2017 08:45am EDT 

General Communication Inc : Liberty Interactive enters into agreement to acquire general communication, inc., combine with liberty ventures group and split-off combined company from liberty interactive . General Communication Inc - shareholders of GCI will receive total consideration of $32.50 per share . General Communication Inc - transaction represents an undiluted enterprise value for GCI of $2.68 billion and undiluted equity value of $1.12 billion . General Communication -Liberty Interactive will effect a tax-free separation of its controlling interest in combined co, to be named GCI Liberty Inc . General Communication Inc - GCI Liberty will remain an alaska corporation as of deal closing . General Communication-deal value of $32.50/share comprised of $27.50/share in GCI Liberty class a common stock, $5.00 in newly issued series a preferred shares . General Communication Inc - sees approximately $130 million annual free cash flow from tax savings related to exchangeable bonds from deal . General Communication -prior to split-off of gci liberty, gci liberty to execute, draw down in full on $500 million margin loan against 42.7 million series c shares of liberty broadband . General Communication Inc - split-off of liberty interactive's interest in GCI Liberty is expected to be completed by q1 of 2018.  Full Article

BRIEF-Liberty Interactive Says Undertaken Review Of Tax Reform Bill

* LIBERTY INTERACTIVE - UNDERTAKEN REVIEW OF TAX REFORM BILL, ITS POTENTIAL IMPACT ON PENDING REORGANIZATION TRANSACTIONS WITH GENERAL COMMUNICATION