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Saturday, July 8, 2017

QVC buys HSN





Is it a good thing when a company merges with another company? For the most part, the company that is being bought out, its not necessarily a good thing. QVC bought HSN for 2.1 billion dollars. What that means is that HSN loses it's value and QVC boosts it's value because it bought out HSN from going out of business. For the women who really loved shopping online on HSN this is going to make them feel disappointed. QVC merging with HSN was in the works for years from what I saw online. A company that buys out that company owns their rights to that company, meaning the employees who were at the company that was bought out could either remain employed or could be laid off at any moment. This also applies to restaurants, grocery stores, schools, churches, social media, etc., that have merged. Sometimes a merger can be a good thing but it's tough to feel optimistic when it's your favorite restaurant, grocery store, school, church, or social media that was bought out. Just My 2 Cents. 

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