AT & T sells its stake in Hulu, valuing the company at $ 15 billion



[ad_1]

Randall Stephenson, CEO of AT & T, speaking at the CEO Innovation Summit of the Business Roundtable in Washington, DC. December 6, 2018.

Janhvi Bhojwani | CNBC

Randall Stephenson, CEO of AT & T, speaking at the CEO Innovation Summit of the Business Roundtable in Washington, DC. December 6, 2018.

Hulu bought back the 9.5% stake of AT & T in the company for $ 1.43 billion, giving the streaming company a valuation of $ 15 billion.

Source link