Vivendi and GE close deal on Universal unit

Posted Wednesday, October 8, 2003 4:47 AM | Contributed by Jeff

Vivendi Universal and General Electric reached a final agreement for GE's NBC television network to take over the Paris-based company's coveted entertainment assets. The new $43 billion company is mostly owned by NBC, while Vivendi will retain a 20% stake in the new company.

Read more from CNN.

Wednesday, October 8, 2003 7:07 AM
This will be an interesting story to follow. I am curious to see what changes, if any, we might see at the parks.
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Wednesday, October 8, 2003 3:14 PM
I don't follow every bit of business lingo that was said in that article, but I did notice that there was no mention of Universal Orlando, just Hollywood. Is Orlando's park included in all this? Is there any chance of "drastic" changes to either park?
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Wednesday, October 8, 2003 3:37 PM
Well, the Lemmon Chill guy told me that all of them were getting fired and new ones woud take their places. Ones that could come up with better rumors.

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Coaster Insomniacs

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