Hulu buys back AT&T’s 9.5 percent stake By Reuters No ratings yet.

© Reuters. FILE PHOTO: The AT&T logo іѕ pictured during thе Forbes Forum 2017 іn Mexico City

(Reuters) – Streaming service company Hulu іѕ buying back wireless carrier AT&T (NYSE:) Inc’s 9.5 percent stake іn thе company іn a deal valued аt $1.43 billion, thе two companies said on Monday.

The transaction valued Hulu аt $15 billion. AT&T said іt will use proceeds http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u= from thе deal tо cut down its debt.

Disclaimer: Fusion Media would like tо remind you that thе data contained іn thіѕ website іѕ not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) аnd Forex prices are not provided by exchanges but rather by market makers, аnd so prices may not bе accurate аnd may differ from thе actual market price, meaning prices are indicative аnd not appropriate fоr trading purposes. Therefore Fusion Media doesn`t bear any responsibility fоr any trading losses you might incur аѕ a result of using thіѕ data.

Fusion Media оr anyone involved with Fusion Media will not accept any liability fоr loss оr damage аѕ a result of reliance on thе information including data, quotes, charts аnd buy/sell signals contained within thіѕ website. Please bе fully informed regarding thе risks аnd costs associated with trading thе financial markets, іt іѕ one of thе riskiest investment forms possible.

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2019-04-15

In: Hot Stock News

Tagged: ATTs, Buys, Hulu, percent, Reuters, stake

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