Thursday, December 3, 2009

G.E. Agrees to Sell NBC to Comcast

After nearly eight months of negotiations, Comcast, the
nation's largest cable operator, reached an agreement on
Thursday to acquire the television network, NBC Universal,
from General Electric in deal worth $30 billion.

That according to the New York Times, this morning. The deal will include spinning off NBC into a separate company from GE.



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