Rogers puts The Shopping Channel on clearance: report

TORONTO – Rogers Communications could rake in more than $300 million for selling off The Shopping Channel and is allegedly actively seeking bids on the broadcast retailer.According to a report from Reuters, Rogers began the sale process six weeks ago and is now in the second round of bids. Liberty Interactive Corporation is one of the bidders, according to a source quoted in the report, while other interested parties could include U.S. home shopping channel operators HSN Inc. and EVINE Live Inc., which runs ShopHQ, as well as private equity firms. The Shopping Channel is part of Rogers' media division, which...