Final NBC-Vivendi deal expected by end of the week

Posted | Contributed by Jeff

NBC is near the finish line in its negotiations to merge with Vivendi Universal Entertainment and create a new entertainment and media giant called NBC Universal. A final agreement is expected to be announced by the end of this week. The top leaders from General Electric, NBC and Paris-based Vivendi Universal are gathering here this week to put the finishing touches on NBC's roughly $14 billion acquisition, which would create the world's sixth-largest media company.

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