Zulily zooms on takeover

ReutersNewsPublished: August 17, 2015Updated: October 14, 20152 views
Published: August 17, 2015Updated: October 14, 2015

QVC owner, Liberty Media, will pay a 49 percent premium to take over "flash" sale website Zulily. One of its key shareholders is Chinese e-commerce giant Alibaba. Bobbi Rebell reports.

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