Video Site Hulu Considers Sale
Web-video site Hulu LLC is weighing whether to sell itself after a potential buyer for the company approached it with an offer, people familiar with the matter said.
The identity of the buyer couldn’t be learned. The offer has spurred Hulu’s board to study its options, including soliciting other potential interest in the company, including from larger companies and private-equity firms, according to these people.
These people cautioned that Hulu has not yet determined whether it wants to sell itself and could decide not to.