Disney officially plans to buy remaining Hulu stake from Comcast

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Walt Disney Co. officially plans to buy the remaining 33% stake in Hulu that it doesn’t own, the company said Wednesday afternoon.

Disney DIS will purchase the stake from Comcast Corp.’s CMCSA NBCUniversal, which exercised its right to sell the position based on a put/call agreement between the two companies. The window for that opened up Wednesday.

“The…

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