Liberty Interactive to buy online retailer Zulily for $2.4 billion

[August 17, 2015]  (Reuters) - John Malone's Liberty Interactive Corp said it would acquire online retailer Zulily Inc in a cash and stock deal valued at $2.4 billion.

Liberty Interactive said it would buy Zulily for $18.75 per share, or $9.375 in cash and 0.3098 newly issued share of Liberty Interactive for each Zulily share.

(Reporting by Devika Krishna Kumar in Bengaluru; Editing by Sayantani Ghosh)

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