Thursday, 23 June 2011

Hulu takes on Morgan Stanley for sale, Yahoo not involved

The recent surprise buyout offer for Hulu grew serious late Wednesday after CNBC host Julia Boorstin stated that Hulu had taken on Morgan Stanley and Guggenheim to field offers. The bank would help put the TV streaming service on the "auction block" by managing bids and exploring the feasibility of any deal. Boorstin still didn't know who the buyer or buyers might be....

Source: http://feeds.macnn.com/click.phdo?i=e7f64fd87357a40732e29ab0ae344827

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