AT&T Sells Its 10% Stake in Hulu Back to Hulu for $1.43 Billion
AT&T has sold its minority stake in Hulu back to Hulu.
The transaction valued Hulu at $15 billion, with AT&T’s 9.5% interest valued at $1.43 billion. The transaction did not require any governmental or other third-party approvals and was simultaneously signed and closed.