Wednesday, December 2, 2009

Comcast Buying NBC From GE is a Done Deal - Nbc - Gizmodo

Comcast's acquisition of NBC from GE is a done deal reports David Faber on CNBC. All that needs to be done is paper work at this point. The deal should be announced Thursday morning, says Faber.

This is hardly a surprise. After yesterday's news that GE would buy its NBC stake from Vivendi for $5.8 billion, the closing of the deal was basically a formality.

Now comes the next phase of hard work. The deal is expected to take a year to fully close, as the government scrutinizes it.

Contact information for this author is not available.

More great technology coverage at
The Business Insider.

This could be huge!

Posted via web from Ducks Images & Words