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Disney to Buy Comcast Stake in Hulu for About $8.61B

Moomoo 24/7 ·  Nov 2, 2023 04:36

$Disney (DIS.US)$ said it'll acquire the 33% stake in Hulu held by $Comcast (CMCSA.US)$'s NBC Universal for $8.61 billion by Dec. 1.

The acquisition of Comcast's stake in Hulu at fair market value will further Disney's streaming objectives.

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