Thursday 8 September 2011

Google Offers More Money for Hulu in Exchange For More Assets



From: FinancialNewsOnline | Sep 7, 2011
According to All Things Digital, Google (NASDAQ:GOOG) is looking to obtain more assets than Hulu has offered, but it's also willing to pay more money than the other companies looking to buy the Web TV service.

Disney (NYSEL:DIS), NewsCorp (NASDAQ:NWSA) and Providence Equity Partners own Hulu.
Other companies believed to be interested in acquiring Hulu are Amazon (NASDAQ:AMZN), Yahoo 

(NASDAQ:YHOO), and Dish Network (NASDAQ:DISH).
Google (NASDAQ:GOOG) has a potential upside of 35.4% based on a current price of $534.31 and an average consensus analyst price target of $723.2

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