Hulu buys AT&T's stake for $1.43 billion
by Wendy Lee and Meg James, Los Angeles Times
Apr 16, 2019
2 minutes
Telecommunications giant AT&T sold its nearly 10 percent interest in Hulu for $1.43 billion, returning its stake in the streaming service now controlled by Walt Disney Co.
AT&T said the deal, announced Monday, valued the Santa Monica-based streaming service at $15 billion.
AT&T was expected to sell
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