DirecTV made a bid for the online video service Hulu LLC, while Time Warner Cable Inc. offered to acquire a stake in the company, people with knowledge of the situation said.

Both suitors met a July 5 deadline for binding proposals set by Hulu’s board, said the people, who sought anonymity because the sale process is private. The terms of the offers weren’t known. Hulu is owned by Walt Disney Co., 21st Century Fox Inc. and Comcast Corp.

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