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November 7, 1993

NO COMMENT FROM BELLSOUTH OVER QVC PARAMOUNT BID

By CBR Staff Writer

BellSouth Corp, Atlanta declined to confirm or deny a report in the New York Times that it is about to sign a deal to invest at least $2,000m in QVC Network Inc’s bid for Paramount Communications Inc; the Wall Street Journal separately reported that BellSouth would pay $1,000m for the 22% of QVC owned by Tele-Communications affiliate Liberty Media Inc and would invest another $1,000m in the cable shopping firm.

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