Liberty Interactive (LINTA +4.7%) unveils a plan to recapitalize its common stock into two...

|About: Liberty Interactive Corpora... (QVCA)|By:, SA News Editor

Liberty Interactive (LINTA +4.7%) unveils a plan to recapitalize its common stock into two tracking stocks: Liberty Interactive, which will include QVC, its eCommerce company, a 34% stake in HSN and $500M in cash; and Liberty Ventures, which will include interests in EXPE, TRIP, TWC, TWX, AOL and $1.3B in cash.