John Malone’s Liberty Interactive Corp (QVCA.O) said it would acquire online retailer Zulily Inc (ZU.O) in a cash and stock deal valued at $2.4 billion.

Liberty Interactive said it would buy Zulily for $18.75 per share, or $9.375 in cash and 0.3098 newly issued share of Liberty Interactive for each Zulily share.


(Reporting by Devika Krishna Kumar in Bengaluru; Editing by Sayantani Ghosh)

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Related Posts

Facebook Comments

Return to Top ▲Return to Top ▲