KKR & Co LP and Others Race To Buy News Corp And Walt Disney Co's Hulu-Reuters

Monday, 8 Jul 2013 09:19pm EDT 

Reuters reported that News Corp and Walt Disney Co owned Hulu has attracted three bids of over $1 billion from suitors including a partnership of AT&T Inc and Chernin Group, the Wall Street Journal reported. The three highest bidders also include DirecTV and Guggenheim Digital Media which is jointly bidding with private equity firm KKR & CO LP the Journal said. The deal could be sealed in a week or two after the deadline for bids ends this week, it added. 

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