Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-at-t-hulu/hulu-spends-1-43-billion-to-buy-back-att-stake-values-streaming-service-at-15-billion-idUSKCN1RR2AM

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday.