Hulu Investor Gets Big Gain As It Sells Stake Back To Hulu
socalTECH
OCTOBER 19, 2012
Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week. In a statement, Hulu CEO Jason Kilar called Providence an "ideal partner" over the past five years. Providence had helped fund the initial efforts to start Hulu. READ MORE>>.
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