Hulu bought AT&T’s 9.5% stake in the streaming service, the companies said Monday. The transaction valued Hulu at $15 billion. Visit Business Insider’s homepage for more stories.
Streaming service company Hulu is buying back wireless carrier AT&T Inc’s 9.5% 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 proceeds from the deal to cut down