Deals

Yahoo May Buy a Stake in Hulu, Stifel Nicolaus Says

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Yahoo! Inc. may buy a “considerable” stake in Hulu LLC if the video website pursues an initial public offering, according to Stifel Nicolaus & Co.

Hulu, owned by three of the biggest U.S. broadcast networks, is preparing a share sale as early as this year that may value the company at more than $2 billion, a person with knowledge of the plan said Aug. 16.