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0.000183891136447205 0.000157620974097626 0.000683024221089662 0.00206430935743181 0.0024168549361634 0.00451846792413169 0.00493879052172541 0.00512268165817262
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Exclusive-Disney and Comcast seek advisor to resolve Hulu valuation, sources say [Yahoo! Finance Canada]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to people familiar with the matter. The move is in accordance with a deal the companies struck for Hulu last year. It is an action their contract foresees if JPMorgan Chase, which provided a fairness opinion on Hulu for Disney, and Morgan Stanley, which provided such an opinion for Comcast, are too far apart in their valuation assessments. JPMorgan has valued Hulu for Disney at close to $27.5 billion, which is the floor valuation for Hulu that the companies had set as part of their 2019 "put-call" agreement, one of the sources said. Morgan Stanley valued Hulu for Comcast at more than $40 billion, another source said. ADVERTISEMENT Disney and Comcast are now in talks to hire an investment bank that will independently value Hulu, the sources said, requesting anonymity because the matter is confidential. Hulu, which boasts popular original titles such as "Shogun", Show less Read more
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