By  on August 24, 2012

HSN Inc., the retailer that’s been as close as the TV remote control since 1994, had the most unlucky of starts on Wall Street.

Barry Diller was looking to simplify IAC/InterActive Corp. in late 2007 and deemed HSN ready to “thrive as a ‘pure play’ retailer.’” But when IAC spun off the home-shopping business, as well as Ticketmaster and LendingTree, that following August, few guessed the market was just weeks away from financial crisis.

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