Comcast to buy rest of NBC from GE in $16.7B deal
Photo credit: AP | According to reports Feb., 12, 2013, Comcast, the nation's largest cable operator, unveiled plans on Tuesday to buy out General Electric Co.'s remaining 49 percent stake in the NBC Universal joint venture. (Aug. 31, 2009)
Comcast Corp. clinched full control of NBC Universal for $16.7 billion on Tuesday, the latest in a series of deals that have taken the cable operator from humble roots in Tupelo, Mississippi, to Manhattan's iconic Rockefeller Center.
The nation's largest cable operator unveiled plans on Tuesday to buy out General Electric Co's remaining 49 percent stake in the NBC Universal joint venture.
That...