The walt disney company to purchase remaining stake in hulu from comcast

Burbank, calif.--(business wire)--the walt disney company (nyse: dis) announced today that it will acquire the 33% stake in hulu, llc held by comcast corp.'s (nasdaq: cmcsa) nbc universal (nbcu), following comcast's november 1 exercise of its right under the put/call arrangement between the two companies. the acquisition of comcast's stake in hulu at fair market value will further disney's streaming objectives. under the terms of the put/call arrangement, by december 1, disney expects it will p.
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