Report: GE, Comcast Closer To An NBC U Deal

  • November 2, 2009
General Electric is close to a deal that would give Comcast a 51% stake in its NBC Universal unit, according to a report in today's New York Times. Citing anonymous sources, the paper said the deal would result in GE retaining a 49% stake in the media division. GE currently owns an 80% stake in NBC Universal, and is in talks with minority stake-holder Vivendi to sell its 20% share, which is key to making the Comcast deal happen.
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