Yep, Hulu is For Sale

Posted by on June 22, 2011 at 7:23 pm

We told you yesterday that Hulu had an offer to sell and today we found out that Yahoo is the one who made the offer though they haven’t made a formal bid yet. Hulu has retained investment banks Guggenheim Partners and Morgan Stanley to facilitate a sale. Potential buyers have been notified the sale will begin in two weeks. We are not sure who the other potential buyers may be but the best guesses are NBCUniversal, News Corp or Disney. Hulu and the investment banks have not yet commented on the matter.

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