Nonrival asks:
Before 1 January 2024, will Disney publicly announce an agreement to sell all of its ownership stake in the streaming service Hulu?
Started
Mar 03, 2023 06:00PM UTC
Closing Jan 01, 2024 08:01AM UTC
Closing Jan 01, 2024 08:01AM UTC
Challenges
Disney currently owns two-thirds of Hulu, with Comcast owning the remaining third and each having options to compel the other to buy or sell their stakes in the company in January 2024 (Hollywood Reporter, CNBC, SEC). The effective date of a sale would be immaterial, but the buyer or buyers must be party to the agreement but not necessarily named.
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