Hulu Bid Deadline Extended To End Of Week: Sources - Reuters
August 24 2011 - 10:34PM
Dow Jones News
The deadline for initial bids in the auction for Hulu has been
extended from Wednesday until the end of the week to give
interested parties more time to review the video website's
financial information, Reuters news agency reported, citing unnamed
people familiar with the situation.
The people said Yahoo Inc. (YHOO), Google Inc. (GOOG), DirecTV
Group Inc. (DTV) and Amazon.com Inc. (AMZN) were among the parties
preparing to submit an offer, according to the report.
One of the people close to the sale process said South Korea's
SK Telecom Co. (017670.SE) is also believed to be interested,
though an official bid from the company couldn't be confirmed, the
report said.
It said representatives for all the companies mentioned in the
article declined to comment.
Full story:
http://www.reuters.com/article/2011/08/24/us-hulu-idUSTRE77N8AA20110824
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