Comcast buys GE's 49% stake in NBCUniversal

Posted Wednesday, February 13, 2013 9:34 AM | Contributed by VitaminsAndGravy

Comcast gave NBCUniversal a $16.7 billion vote of confidence on Tuesday, agreeing to pay that sum to acquire General Electric’s remaining 49 percent stake in the entertainment company. The deal accelerated a sales process that was expected to take several more years.

Read more from The New York Times.

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