Apple expressed interest in buying Reese Witherspoon's Hello Sunshine media company

Reese Witherspoon's Hello Sunshine media production company is reportedly mulling a sale after Apple and other big industry names expressed interest in an acquisition.

Source: AdWeek

Citing sources familiar with the matter, The Wall Street Journal reports Hello Sunshine is working with investment bankers to explore a potential sale that could see the company valued at as much as $1 billion. Whether Hello Sunshine will find a suitable bidder is unknown, and it is unclear if Apple is still pursuing a deal.

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from AppleInsider News https://ift.tt/2UvQtqf