Apple could buy Reese Witherspoon's production company for $1 billionWhat you need to know
Apple may be a potential suitor in the sale of Hello Sunshine.
Reese Witherspoon's production company could sell for as much as $1 billion.
It would mark a major move from Apple if it was to happen..
Hello Sunshine, the production company founded by Reese Witherspoon, could be acquired by Apple.
As reported by The Wall Street Journal, one of the potential buyers for the production studio was at one point actually Apple. The report does not say, however, if Apple is still in the running to acquire the company as a boost to its Apple TV+ streaming service.
The company began pursuing a sale in recent months after receiving interest from multiple suitors including Apple Inc., one of the people said. People close to the situation say the company could be valued at as much $1 billion in a deal.
Hello Sunshine is working with investment bankers as it explores its options, the people familiar with the matter say. There is no guarantee the company will fin...
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Apple could buy Reese Witherspoon's production company for $1 billion
