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Fubo soars 247% as Disney plans to take a majority stake and combine the streamer with Hulu

By Yahoo! Finance   |   2 months ago
Fubo soars 247% as Disney plans to take a majority stake and combine the streamer with Hulu

FuboTV and Disney reached an agreement settling litigation, with Disney acquiring a 70% stake. FuboTV stock surged 247%, reaching $4.99/share. The deal combines FuboTV's service with Hulu's, creating the 6th largest pay-TV service with 6.

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