Friday, 31 May 2013

Reuters: Business News: DirecTV, two others bid over $1 billion for Hulu: source

Reuters: Business News
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DirecTV, two others bid over $1 billion for Hulu: source
Jun 1st 2013, 00:10

(Reuters) - Satellite operator DirecTV and two other bidders have offered more than $1 billion apiece to buy Hulu, a source with knowledge of the bidding process said on Friday, increasing the likelihood that owners News Corp and Walt Disney Co will be able to shed the video streaming service they failed to sell in 2011.

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