QVC Weighs Bankruptcy as $6.6 Billion Debt Looms
Television shopping network QVC Group has held confidential talks with creditors to restructure its debt in bankruptcy, Bloomberg reported Tuesday (Feb. 10), citing unnamed sources. The company, which owns the TV channels QVC and HSN, has been struggling with declining viewership, a $6.6 billion debt load and tax liability, according to the report. QVC Group’s negotiations with creditors are ongoing, terms […]
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