QVC and HSN parent company files for Chapter 11, aiming to cut debt from $6.6B to $1.3B and exit bankruptcy within 90 days. The parent company behind well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy. QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District of Texas, announced the filing in a press release Thursday, saying t... [2027 chars]
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