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November 10, 1993

QVC SET TO BUY EVEN IF NOT PARAMOUNT

By CBR Staff Writer

Home shopping service operator QVC Network Inc will look elsewhere for an acquisition if its $10,000m bid for Paramount Communications Inc, QVC chairman Barry Diller said, adding that whatever happens, he didn’t expect to make an all-cash bid for Paramount; Diller said talks were still under way with BellSouth Corp on a possible investment to help him raise his bid.

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