Word: merger
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Dates: during 1990-1999
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...chairman six months ago, Diller has buffed the industry's reputation by luring Saks Fifth Avenue and famous designers like Diane von Furstenberg to sell goods on television. And in a move that could further help clean up and expand the business, he proposed last week a $1.2 billion merger between QVC, the nation's largest video retailer, and the No. 2 operator, troubled Home Shopping Network...
...completed, the deal will create a video-retailing powerhouse accounting for about 99% of the industry's current total revenues. Together, the two networks reach more than 60 million cable subscribers nationwide. Their merger is also designed to facilitate a settlement of charges stemming from alleged kickbacks, blackmail and bribery at HSN, which is under investigation by the Internal Revenue Service and the Securities and Exchange Commission...
...most talked-about prospect for the QVC-HSN merger is the creation of a fifth network on a par with ABC, CBS, NBC and Fox. A portion of the transaction gives QVC -- which is partly owned by cable-TV visionary John Malone of Tele-Communications Inc. -- the option to buy a controlling interest in HSN's TV spin-off, Silver King Communications, which owns 12 UHF stations, enough to form the core of a network...
...dozen interviews on Friday, employees at four of the five hospitals who had heard of the discussions seemed to conceive of the talks as a pathway to a merger into a "mega-hospital." In fact, while increased cooperation is a likely outcome of the talks, those familiar with the discussions between the hospitals and with the Boston health care scene say the creation of a 3000 bed hospital is unlikely...
...think there'll ever be a complete merger," Stephen B. Kay '56, vice chair of the board of trustees of Beth Israel Hospital, said last week...