Jan. 28, 2015, 5:12 PM
- Liberty Interactive (QVCA,LVNTA,LVNTB) will pay an extraordinary cash distribution totaling $53.8M to holders of its 1% Exchangeable Senior Debentures due 2043.
- The payout is tied to a $10 special dividend issued by HSN (NASDAQ:HSNI) for its shareholders of record Feb. 9.
- With HSNI paying out its dividend on Feb. 19, Liberty will pay its distribution of $134.58/debenture on March 19, to debenture holders of record March 5.
Liberty Interactive Corp. owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries. The company's principal businesses and assets include its significant consolidated subsidiaries: QVC, Inc. (QVC), Backcountry.com, Inc.... More
Industry: Broadcasting - TV
Country: United States
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