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AT&T sells its 10% stake in Hulu to Hulu LLC for $1.43 billion, highlighting the ongoing competition and expansion efforts among global gambling companies. The deal provides a value of $7.1 billion for Hulu, with 50% of the amount to be paid in cash and the other 50% in Wynn shares. Crown Resorts, the subject of the offer, is yet to evaluate the proposal.
Sunday, 14 April, 2019