9 12 QVC QVC NNP 13 20 Network Network NNP 21 25 Inc. Inc. NNP 26 30 said say VBD 31 33 it it PRP 34 43 completed complete VBD 44 47 its its PRP$ 48 59 acquisition acquisition NN 60 62 of of IN 63 66 CVN CVN NNP 67 71 Cos. Cos. NNP 72 75 for for IN 76 81 about about RB 82 83 $ $ $ 83 86 423 423 CD 87 94 million million CD 94 95 . . . 98 101 QVC QVC NNP 102 108 agreed agree VBD 109 111 to to TO 112 115 pay pay VB 116 117 $ $ $ 117 119 19 19 CD 120 123 and and CC 124 134 one-eighth one-eighth JJ 135 138 QVC QVC NNP 139 144 share share NN 145 148 for for IN 149 153 each each DT 154 156 of of IN 157 160 CVN CVN NNP 160 162 ’s 's POS 163 165 20 20 CD 166 173 million million CD 174 179 fully fully RB 180 187 diluted dilute VBN 188 194 shares share NNS 194 195 . . . 198 201 The the DT 202 213 acquisition acquisition NN 214 220 brings bring VBZ 221 229 together together RB 230 233 the the DT 234 237 two two CD 238 245 largest large JJS 246 257 competitors competitor NNS 258 260 to to TO 261 265 Home Home NNP 266 274 Shopping Shopping NNP 275 282 Network Network NNP 283 287 Inc. Inc. NNP 287 288 , , , 289 294 which which WDT 295 298 now now RB 299 306 reaches reach VBZ 307 311 more more JJR 312 319 viewers viewer NNS 320 324 than than IN 325 328 any any DT 329 334 other other JJ 335 342 company company NN 343 345 in in IN 346 349 the the DT 350 355 video video NN 356 364 shopping shopping NN 365 373 industry industry NN 373 374 . . . 375 380 Among among IN 381 385 them them PRP 385 386 , , , 387 391 Home Home NNP 392 400 Shopping Shopping NNP 400 401 , , , 402 405 QVC QVC NNP 406 409 and and CC 410 413 CVN CVN NNP 414 421 already already RB 422 429 control control VBP 430 434 most most JJS 435 437 of of IN 438 442 that that DT 443 448 young young JJ 449 452 and and CC 453 465 fast-growing fast-growing JJ 466 472 market market NN 472 473 , , , 474 479 which which WDT 480 484 last last JJ 485 489 year year NN 490 493 had have VBD 494 499 sales sale NNS 500 502 of of IN 503 508 about about IN 509 510 $ $ $ 510 513 1.4 1.4 CD 514 521 billion billion CD 521 522 . . .