By Karlee Weinmann ( July 10, 2013, 11:49 AM EDT) -- Satellite television provider DirecTV LLC is up against a Chernin Group-AT&T Inc. tandem in the auction for popular video-streaming site Hulu after each leveled a $1 billion buyout offer, Bloomberg reported Wednesday. The two wannabe buyers rose to the top of the field after a unit of Guggenheim Partners LLC and KKR & Co. LP saw their joint effort to take over the website draw to a close. Hulu's board, which is overseeing the bidding process, is also mulling an offer from Time Warner Cable Inc. to scoop up a slice of the company. Hulu — owned by Walt Disney Co., News Corp. and Comcast Corp. — has emerged as an attractive target for television providers interested in a lower-cost, already established Web platform for video content....
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