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Hulu buys back AT&T's 9.5 pct stake


Reuters

Hulu buys back AT&T's 9.5 pct stake


April 15 (Reuters) - Streaming service company Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the company in a deal valued at $1.43 billion, the two companies said on Monday.

The transaction valued Hulu at $15 billion. AT&T said it will use from the deal to cut down its debt (graphic).

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Hulu buys back AT&T's 9.5 pct stake


April 15 (Reuters) - Streaming service company Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the company in a deal valued at $1.43 billion, the two companies said on Monday.

The transaction valued Hulu at $15 billion. AT&T said it will use from the deal to cut down its debt (graphic).






This article appears in: Fundamental Analysis , World Markets , US Markets , Stocks
Referenced Symbols: DIS ,




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