NEW YORK, Sept. 8, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed in United States District Court for the District of Delaware against HSN, Inc. ("HSN" or the "Company") (NASDAQ: HSNI) for alleged breaches of fiduciary duty in connection with the proposed sale of the Company to Liberty Interactive Corporation ("Liberty Interactive") (NASDAQ: QVCA, LVNTA). Such investors are encouraged to learn more about this case by visiting the firm's site: http://www.bgandg.com/hsni.
On July 6, 2017, HSN announced that it had entered a merger agreement and would be acquired by Liberty Interactive Corporation ("Liberty Interactive") (NASDAQ: QVCA, LVNTA) in a transaction valued at approximately $2.6 billion. Under the terms of the agreement, HSN shareholders will receive 1.65 shares of Series A QVC Group common stock for each share of HSN common stock.
A class action lawsuit has already been filed. If you are a HSN shareholder and wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/hsni. You may also contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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