Liberty Interactive to buy online retailer Zulily in $2.4B deal

(By Devika Krishna Kumar, Reuters) – Liberty Interactive, which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4 billion to tap into the online retailer’s younger clientele and its strong mobile presence. Zulily is known for its “flash” sales of clothing, primarily for women and children. Chinese […]...