QVC Group, owner of TV shopping channels QVC and HSN, files for bankruptcy as part of a plan to cut more than $5B in debt; shares closed down 69% on Thursday (Reshmi Basu/Bloomberg)
Reshmi Basu / Bloomberg:
QVC Group, owner of TV shopping channels QVC and HSN, files for bankruptcy as part of a plan to cut more than $5B in debt; shares closed down 69% on Thursday — Television shopping network QVC Group filed for bankruptcy Thursday as part of a plan to cut more than $5 billion of debt …