Hulu bought AT&T’s 9.5% stake in the streaming service for $1.43 billion, valuing itself at $15 billion

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

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