Comcast GE Deal Close…
CNBC’s David Faber wrote yesterday on CNBC.com that a proposed sale of 51% of NBC Universal to Comcast is very close to fruition…(via TVNewser)
General Electric and Comcast are now expected to announce a deal over GE’s NBC Universal unit on Nov. 16, not next week as originally thought, people familiar with the situation told CNBC.
Talks between the two companies are said to be on track and closing in on a deal, under which GE — parent of CNBC and CNBC.com— will shed 51 percent of NBC Universal to Comcast and hold the remaining 49 percent.