Monday, 17 August 2015

QVC Acquires Zulily

QVC Acquires Zulily 

In its continuing quest for younger shoppers, QVC is paying $2.4 billion for Zulily, the millennial-mom-oriented flash site cofounded by former Blue Nile chairman Mark Vadon. The purchase price amounts to $18.75 a share, about 15 percent below Zulily’s November 2013 IPO price of $22 a share. The company’s stock has sunk as much as 50 […]

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Source: QVC Acquires Zulily

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