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AT&T Sells Off Stake in Hulu for $1.43 Billion

AT&T has sold its 9.5 percent stake in Hulu back to the streaming service joint venture for $1.43 billion, they said Monday. Hulu said it anticipates that AT&T's WarnerMedia "will remain a valued partner ... for years." AT&T said it…

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will use the money to pay down debt.