Hulu buys back AT&T’s minority stake in streaming service now valued at $15 billion

Hulu buys back AT&T’s minority stake in streaming service now valued at $15 billion
Hulu has paid $1.43 billion to buy AT&T’s minority stake in the streaming video company. The companies announced Monday that the transaction valued Hulu at $15 billion. As a result, AT&T’s 9.5 percent stake in Hulu was worth $1.43 billion. The valuation is two-thirds higher than last November when ... read more
Source- Techcrunch.comPublished on 2019-04-15By Kirsten Korosec
7 days ago
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