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AT&T (NYSE:T) is mulling a joint bid to acquire video streaming site Hulu, as second-round bids due Friday are already coming in at around $1 billion, according to two separate reports.According to All Things Digital and the New York Post , the wireless carrier is in discussions with the Chernin Group, led by former News Corp. (NASDAQ:NWSA) COO Peter Chernin, about joining the firm in its attempt to acquire Hulu. AT&T currently sells access to television content through its U-verse service.Shares of AT&T were up 19 cents at $35.45 Thursday morning. A spokesperson for the company did not respond to a request for comment.Citing sources familiar with the situation, All Things Digital said Chernin's initial offer was in the lower $500 million range.Guggenheim Digital Media also made a first-round bid , while KKR (NYSE:KKR) reportedly made an early play for Hulu as well.Sources also told the technology news site that a sale could be scrapped if Hulu doesn't receive offers that approach at l...
FBN’s Liz MacDonald weighs in on Liberty Media’s $2.6 billion deal to buy 27% of Charter Communications .
FBN's Diane Macedo breaks down late-morning market news
Liberty Media Corp. (NASDAQ:LMCA), headed by Chairman John Malone, agreed on Tuesday to buy 27.3% of cable operator Charter Communications (NASDAQ:CHTR) in a $2.62 b...
FBN's Sandra Smith breaks down mid-afternoon market news.
John Malone's Liberty Media Corp. is nearing a deal to buy 25% of Charter Communications Inc. (CHTR) for close to $2.5 billion, say people familiar with the situatio...
Liberty Media Corp., headed by John Malone, is close to a deal to purchase a 25% stake in Charter Communications (NASDAQ:CHTR) for close to $2.5 billion, according t...
Several companies launched stock offerings after the market closed.Arlington Asset Investment Corp. (AI) is offering 3 million Class A shares, expecting to use the p...
FBN’s Diane Macedo breaks down CHTR ’s four-quarter earnings report.
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Apollo Global Management's (NYSE:APO) fourth-quarter profit soared past Wall Street estimates, driven by a significant jump in revenue.Profit was $171.5 million, or ...
Charter Communications Inc. (CHTR) agreed to buy Cablevision Systems Corp.'s (CVC) western cable systems, known as "Optimum West," for $1.625 billion in cash.Cablevi...
Walt Disney Co. (DIS) renewed a distribution agreement with cable operator Charter Communications Inc. (CHTR) that expands its programming to multiple platforms.Fina...
Cablevision Systems (NYSE:CVC) swung to a first-quarter loss amid higher costs and declining cable-television revenue.The cable television operator, which said it co...
Liberty Interactive Corp.'s (LINTA, LINTB) first-quarter operating profit was flat as higher revenue was neutralized by higher expenses, while Liberty Media Corp. (L...
Liberty Interactive Corp.'s (LINTA, LINTB) first-quarter operating profit was flat as higher revenue was neutralized by higher expenses, while Liberty Media Corp. (L...
Earnings HQ: FBN’s Diane Macedo breaks down CHTR ’s first-quarter earnings report.
Charter Communications (NASDAQ:CHTR) reported a smaller first-quarter loss amid improved video and Internet revenue, while the cable provider continued to see weak t...
Paul Allen, the lesser known co-founder of Microsoft Corp, has struggled for decades to make his mark as a business mogul beyond the software company he started with...
Buoyed by its role in a flurry of mega M&A deals, J.P. Morgan Chase (NYSE:JPM) hauled in fees on an industry-leading $124 billion worth of deals during the first qua...
