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In Brief: Home Shopping Network

This article was originally published in The Rose Sheet

Executive Summary

Home Shopping Network: Enters definitive merger agreement with television station operator Silver King Communications, Silver King announced Aug. 26. Under the agreement, which is subject to shareholder approval, HSN will become an 80.1%-owned subsidiary of Silver King. The merger reunifies the two companies, which split in 1992. The deal is expected to close in November. HSN telemarkets personal care products such as Connie Stevens skin care and fragrances, Adrien Arpel skin care and Marilyn Miglin scents, as well as private-label items Beauty Logics and Bioniq skin care collections...
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