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Hulu buys back AT&T's 9.5% stake for USD 1.43 bln

2019-04-16 09:04:00| Telecompaper Headlines

(Telecompaper) AT&T has sold its 9.5 percent minority stake in Hulu back to the US online TV service for USD 1.43 billion. The transaction values Hulu at USD 15 billion. The transaction will not require any approval, which means it was signed and closed. Hulu CEO Randy Freer said the company looked forward to collaborating still with AT&T in the future and that WarnerMedia will remain a "valued partner" for years to come. AT&T meanwhile said it will use the money raised from the sale, along with other planned sales of non-core assets, to reduce its debt. 

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AT&T sells off stake in Hulu

2019-04-16 02:00:00| Total Telecom industry news

AT&T has sold its minority stake in online content streaming service provider, Hulu, for $1.43 billion. AT&T offloaded its 9.5 per cent stake in the company…read more on TotalTele.com »

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AT&T sells Hulu minority stake back to Hulu

2019-04-16 00:00:19| Digital TV News

AT&T (NYSE:T) and Hulu have announced an agreement by which AT&T has sold its minority stake in Hulu back to the streaming video joint venture. The transaction valued Hulu at $15 billion, with AT&T's 9.5% interest valued at $1.43 billion.

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Boehringer Ingelheim to use SoundTalks stake to monitor respiratory health of pigs

2019-04-15 18:39:00| National Hog Farmer

Boehringer Ingelheim plans pilot program using SoundTalks system in select pig barns to quickly detect possible respiratory distress in swine.

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As Conflict Flares, Whats At Stake For Libyas Oil?

2019-04-11 18:30:46| OGI

As a major supplier of oil and gas to Europe and starting point for migrant flows into Italy, much is at stake if the country slips into further turmoil.

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