Netflix (NFLX) Could See Action As Hulu Owners Terminate Sales Process
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Traders may want to keep an eye on Netflix (Nasdaq: NFLX) after Hulu owners terminated the sales process.
In a statement the owners said: "Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process and look forward to working together to continue mapping out its path to even greater success. Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu."
In a statement the owners said: "Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process and look forward to working together to continue mapping out its path to even greater success. Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu."
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