Liberty Media Corp. announced Wednesday that it completed its purchase of 57%
of QVC Inc. from Comcast Corp., giving Liberty 98% of the home shopping
As part of the $7.9 billion deal, Comcast received 218 million Liberty
series-A common-stock shares and a three-year note for $4 billion. Liberty also
paid $1.35 billion in cash.
Members of QVC’s management team own the 2% of the company not controlled by