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Actionable news in HSNI: HSN, Inc.,

QVC buying longtime rival Home Shopping Network in deal valued at $2.1 billion

QVC just made a deal to buy its biggest rival, the Home Shopping Network.

Liberty Interactive will purchase the 62 percent of HSNi that it didn't already own in an all-stock deal valued at $2.1 billion.

"Every year they together produce over 55,000 hours of shoppable video content and have strong positions on multiple linear...