Dec 01
The rumored deal between GE and Comcast over NBC Universal is all but complete, according to CNBC. All that needs to be done now is process the paperwork.
The deal is expected to be wrap up on Thursday, after which Comcast would own 51 percent of NBCU and GE would own 49 percent. GE currently owns 80 percent.
Comcast’s interest in NBC Universal lies in its cable channels such as Bravo and CNBC, the site said. The company also includes the NBC and Telemundo broadcast networks, the Universal Pictures movie studio and Universal theme parks.
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