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4-Traders Homepage  >  Equities  >  Nasdaq  >  QVC Group (Liberty Interactive Corporation)    QVCA

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Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against HSN Inc. (HSNI)

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09/08/2017 | 04:18pm CEST

NEW YORK, Sept. 8, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed in United States District Court for the District of Delaware against HSN, Inc. ("HSN" or the "Company") (NASDAQ: HSNI) for alleged breaches of fiduciary duty in connection with the proposed sale of the Company to Liberty Interactive Corporation ("Liberty Interactive") (NASDAQ: QVCA, LVNTA). Such investors are encouraged to learn more about this case by visiting the firm's site: http://www.bgandg.com/hsni.

On July 6, 2017, HSN announced that it had entered a merger agreement and would be acquired by Liberty Interactive Corporation ("Liberty Interactive") (NASDAQ: QVCA, LVNTA) in a transaction valued at approximately $2.6 billion. Under the terms of the agreement, HSN shareholders will receive 1.65 shares of Series A QVC Group common stock for each share of HSN common stock.

A class action lawsuit has already been filed. If you are a HSN shareholder and wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/hsni. You may also contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

View original content with multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-notifies-investors-of-class-action-against-hsn-inc-hsni-300516269.html

SOURCE Bronstein, Gewirtz & Grossman, LLC

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Financials ($)
Sales 2017 10 220 M
EBIT 2017 1 107 M
Net income 2017 556 M
Debt 2017 5 258 M
Yield 2017 -
P/E ratio 2017 21,24
P/E ratio 2018 16,16
EV / Sales 2017 2,02x
EV / Sales 2018 1,83x
Capitalization 15 371 M
Chart QVC GROUP (LIBERTY INTERAC
Duration : Period :
QVC Group (Liberty Interac Technical Analysis Chart | QVCA | US53071M1045 | 4-Traders
Technical analysis trends QVC GROUP (LIBERTY INTERAC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 29,7 $
Spread / Average Target 28%
EPS Revisions
Managers
NameTitle
Gregory B. Maffei President, Chief Executive Officer & Director
John C. Malone Chairman
Mark D. Carleton Chief Financial Officer
David E. Rapley Independent Director
M. LaVoy Robison Independent Director
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