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bepop12345

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bepop12345

Re: GRIN post# 290

Sunday, 12/06/2009 8:52:39 AM

Sunday, December 06, 2009 8:52:39 AM

Post# of 4759
When John Malone and Barry Diller bought Home Shopping Network, I owned HSN, it promptly went from about 8 dollars down to 4 dollars. Sat on the stock. When it was done the stock shot up to 18 dollars. I don't remember if HSN was in bankruptcy, though. I believe it was a regular sale. Usually the company that is being bought increases in share price.

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