QVC NETWORK INC
SC 14D9/A, 1994-10-21
CATALOG & MAIL-ORDER HOUSES
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                        SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549
                               ___________________

                                 Amendment No. 8

                                        to

                                  SCHEDULE 14D-9

                      Solicitation/Recommendation Statement
                       Pursuant to Section 14(d)(4) of the
                         Securities Exchange Act of 1934
                               ___________________


                                    QVC, INC.
                            (Name of Subject Company)

                                    QVC, INC.
                       (Name of Person(s) Filing Statement)

                      Common Stock, par value $.01 Per Share
                Series B Preferred Stock, par value $.10 Per Share
                Series C Preferred Stock, par value $.10 Per Share
                          (Title of Class of Securities)

                                   747262 10 3
                     (only with respect to the Common Stock)
                      (CUSIP Number of Class of Securities)
                               ___________________

                              Neal S. Grabell, Esq.
               Senior Vice President, General Counsel and Secretary
                                    QVC, Inc.
                              1365 Enterprise Drive
                         West Chester, Pennsylvania 19380
                                  (610) 430-1000

                  (Name, address and telephone number of person
                 authorized to receive notice and communications
                   on behalf of the person(s) filing statement)
                               ___________________

                                 With a copy to:

                              Pamela S. Seymon, Esq.
                          Wachtell, Lipton, Rosen & Katz
                               51 West 52nd Street
                             New York, New York 10019
                                  (212) 403-1000


                                      PAGE
<PAGE>



                   This Statement amends and supplements the
         Solicitation/Recommendation Statement on Schedule 14D-9 of QVC,
         Inc., a Delaware corporation, filed with the Securities and
         Exchange Commission on August 11, 1994, as previously amended
         and supplemented (the "Schedule 14D-9"), with respect to the
         tender offer made by QVC Programming Holdings, Inc., a Delaware
         corporation to be wholly owned by Comcast Corporation, a Penn-
         sylvania corporation, and Liberty Media Corporation, a Delaware
         corporation and a wholly-owned subsidiary of Tele-Communica-
         tions, Inc., a Delaware corporation (collectively, the
         "Bidders"), to purchase all outstanding Shares at a price of
         $46 per Common Share and $460 per Preferred Share, net to the
         seller in cash, without interest thereon, upon the terms and
         subject to the conditions set forth in the Offer to Purchase,
         dated August 11, 1994 and the related Letter of Transmittal,
         which were annexed to and filed with the Schedule 14D-9 as Ex-
         hibits 1 and 2, respectively, as amended and supplemented by
         filings with the Commission on Schedule 14D-1 by the Bidders
         (as described herein or therein).

                   Capitalized terms used and not defined herein shall
         have the meanings assigned such terms in the Schedule 14D-9.


         Item 8.   Additional Information to be Furnished.

                   Pursuant to a press release dated October 21, 1994,
         Comcast and TCI announced that the Purchaser extended the
         expiration date of the Offer until 5:00 p.m., New York City
         time, on Friday, November 18, 1994.  The press release stated
         that Comcast and TCI do not expect that the applicable waiting
         periods under the HSR Act relating to the acquisition of QVC
         will have expired by October 21, 1994, the time at which the
         Offer was previously scheduled to expire.  A copy of the press
         release was filed by the Bidders with the Commission on October
         21, 1994 as an exhibit to the Schedule 14D-1, together with
         Amendment No. 9 to the Schedule 14D-1.
















                                      PAGE
<PAGE>
         




         Item 9.  Material to be Filed as Exhibits.

              Exhibit  1**   --   Offer to Purchase, dated August 11,
                                  1994.

              Exhibit  2**   --   Letter of Transmittal.

              Exhibit  3**   --   Proxy Statement dated May 31, 1994
                                  relating to QVC, Inc.'s 1994 Annual
                                  Meeting of Stockholders.

              Exhibit  4**   --   Agreement and Plan of Merger, dated as
                                  of August 4, 1994, among QVC, Inc.,
                                  Comcast Corporation, Liberty Media
                                  Corporation and Comcast QMerger, Inc.
                                  (now known as QVC Programming Hold-
                                  ings, Inc.).

              Exhibit  5**   --   Letter Agreement, dated as of August
                                  4, 1994, among Comcast Corporation,
                                  Barry Diller and Arrow Investments,
                                  L.P.

              Exhibit  6**   --   Letter Agreement, dated as of August
                                  4, 1994, among Comcast Corporation,
                                  Liberty Media Corporation and Tele-
                                  Communications, Inc.

              Exhibit  7**   --   Letter to Stockholders of QVC, Inc.
                                  dated August 11, 1994.*

              Exhibit  8**   --   Press Release issued by QVC, Inc.,
                                  Comcast Corporation and Liberty Media
                                  Corporation on August 5, 1994.

              Exhibit  9**   --   Opinion of Allen & Company Incorpo-
                                  rated dated August 4, 1994.*

              Exhibit 10**   --   Report of Allen & Company Incorporated
                                  to the Board of Directors of QVC, Inc.
                                  dated August 4, 1994.

              Exhibit 11**   --   Engagement Letter, dated August 4,
                                  1994, between QVC, Inc. and Allen &
                                  Company Incorporated (including the
                                  related Indemnity Letter).

                               
         *    Included with Schedule 14D-9 mailed to Stockholders.

         **   Previously filed.

                                      PAGE
<PAGE>
         




              Exhibit 12**   --   Press release issued by QVC, Inc. and
                                  Comcast Corporation on August 25,
                                  1994.










































                               

         **   Previously filed.




                                      PAGE
<PAGE>
         



                                    SIGNATURE

              After reasonable inquiry and to the best of its knowledge
         and belief, the undersigned certifies that the information set
         forth in this statement is true, complete and correct.

                                       QVC, INC.


         Dated: October 21, 1994       By: /s/  Neal S. Grabell         
                                           Neal S. Grabell
                                           Senior Vice President,
                                           General Counsel & Secretary<PAGE>

<PAGE>



                                  EXHIBIT INDEX

         Exhibit No.              Description                    Page No.

         Exhibit  1** -- Offer to Purchase, dated August 11,
                         1994. ..................................         

         Exhibit  2** -- Letter of Transmittal...................         

         Exhibit  3** -- Proxy Statement dated May 31, 1994
                         relating to QVC, Inc.'s 1994 Annual
                         Meeting of Stockholders.................         

         Exhibit  4** -- Agreement and Plan of Merger, dated 
                         as of August 4, 1994, among QVC, Inc.,
                         Comcast Corporation, Liberty Media
                         Corporation and Comcast QMerger,
                         Inc. (now known as QVC Programming
                         Holdings, Inc.).........................         

         Exhibit  5** -- Letter Agreement, dated as of August 
                         4, 1994, among Comcast Corporation, 
                         Barry Diller and Arrow Investments, 
                         L.P.....................................         

         Exhibit  6** -- Letter Agreement, dated as of August 4,
                         1994, among Comcast Corporation, Lib-
                         erty Media Corporation and TeleCom-
                         munications, Inc........................         

         Exhibit  7** -- Letter to Stockholders of QVC, Inc.
                         dated August 11, 1994.*.................         

         Exhibit  8** -- Press Release issued by QVC, Inc.,
                         Comcast Corporation and Liberty Media
                         Corporation on August 5, 1994...........         

         Exhibit  9** -- Opinion of Allen & Company Incorpo-
                         rated dated August 4, 1994.*............         

         Exhibit 10** -- Report of Allen & Company Incorporated 
                         to the Board of Directors of QVC, Inc. 
                         dated August 4, 1994....................         

         Exhibit 11** -- Engagement Letter, dated August 4, 1994, 
                         between QVC, Inc. and Allen & Company
                         Incorporated (including the related 
                         Indemnity Letter).......................         


                               
         *     Included with Schedule 14D-9 mailed to Stockholders.

         **    Previously filed.
         PAGE
<PAGE>
         





         Exhibit 12** -- Press release issued by QVC, Inc. and Comcast
                         Corporation on August 25, 1994..........         










































                               
         **    Previously filed.
<PAGE>


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