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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON AUGUST 15, 1994
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT NO. 2
TO
SCHEDULE 13E-3
Rule 13e-3 Transaction Statement (Pursuant to Section
13(e) of the Securities Exchange Act of 1934)
QVC, INC.
(Name of Issuer)
QVC, INC.
QVC PROGRAMMING HOLDINGS, INC.
COMCAST CORPORATION
TELE-COMMUNICATIONS, INC.
(Name of Person(s) Filing Statement)
COMMON STOCK, $.01 PAR VALUE
(Title of Class of Securities)
747262 10 3
(CUSIP Number of Class of Securities)
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<TABLE>
<S> <C> <C>
NEAL S. GRABELL STANLEY L. WANG STEPHEN M. BRETT
QVC, INC. COMCAST CORPORATION TELE-COMMUNICATIONS, INC.
1365 ENTERPRISE DRIVE 1500 MARKET STREET 5619 DTC PARKWAY
WEST CHESTER, PA 19380 PHILADELPHIA, PA 19102 ENGLEWOOD, CO 80111
(610) 430-1000 (215) 981-7510 (303) 267-5500
</TABLE>
(Name, Address and Telephone Number of Persons Authorized to Receive Notices
and Communications on Behalf of Person(s) Filing Statement)
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Copies to:
<TABLE>
<S> <C> <C>
PAMELA S. SEYMON DENNIS S. HERSCH FREDERICK H. MCGRATH
WACHTELL, LIPTON, ROSEN & KATZ DAVIS POLK & WARDWELL BAKER & BOTTS, L.L.P.
51 WEST 52ND STREET 450 LEXINGTON AVENUE 885 THIRD AVENUE
NEW YORK, NY 10019 NEW YORK, NY 10017 NEW YORK, NY 10022
(212) 403-1000 TELEPHONE: (212) 450-4000 (212) 705-5000
</TABLE>
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AUGUST 11, 1994
(Date Tender Offer First Published, Sent, or Given to Securityholders)
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QVC Programming Holdings, Inc., Comcast Corporation and
Tele-Communications, Inc. (collectively, the "Bidders") and QVC, Inc. ("QVC")
hereby amend and supplement their Rule 13e-3 Transaction Statement on Schedule
13E-3 filed with the Securities and Exchange Commission (the "Commission") on
August 11, 1994, as previously amended and supplemented (the "Schedule 13E-3"),
with respect to Bidders' Offer to Purchase for cash all outstanding shares of
Common Stock and Preferred Stock of QVC.
Information contained in the Schedule 13E-3 as hereby amended with respect
to Comcast, Liberty, TCI and QVC and their respective executive officers,
directors and controlling persons is given solely by such person, and no other
person has responsibility for the accuracy or completeness of information
supplied by such other persons.
Capitalized terms used but not defined herein shall have the meaning
assigned to them in the Schedule 13E-3 (as hereby amended).
ITEM 4. TERMS OF THE TRANSACTION.
(a) The information set forth under "Introduction", "Special Factors -- The
Merger Agreement", "-- Dissenters Rights", "-- Certain Effects of the
Transaction", "The Tender Offer -- 1. Terms of the Offer", "-- 2. Acceptance for
Payment and Payment", "-- 3. Procedure for Tendering Shares", "-- 4. Withdrawal
Rights" and "-- 10. Certain Conditions of the Offer" in the Offer to Purchase is
incorporated herein by reference.
ITEM 16. ADDITIONAL INFORMATION.
The answer to Item 10(f) of Amendment No. 2 to the Schedule 140-1, is
incorporated herein by reference.
ITEM 17. MATERIAL TO BE FILED AS EXHIBITS.
(d)(9) -- Text of Press Release issued by Comcast on August 11, 1994.*
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* Incorporated by reference to the Schedule 14D-1.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: August 15, 1994
QVC, INC.
By: /s/ NEAL S. GRABELL
........................................
Name: Neal S. Grabell
Title: Senior Vice President,
General Counsel
and Corporate Secretary
QVC PROGRAMMING HOLDINGS, INC.
By: /s/ JULIAN A. BRODSKY
........................................
Name: Julian A. Brodsky
Title: Vice Chairman
COMCAST CORPORATION
By: /s/ JULIAN A. BRODSKY
........................................
Name: Julian A. Brodsky
Title: Vice Chairman
TELE-COMMUNICATIONS, INC.
By: /s/ STEPHEN M. BRETT
........................................
Name: Stephen M. Brett
Title: Executive Vice President
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