Sunday, January 30, 2011

Comcast-NBCU Deal Done: $30B Later, Comcast Is Proud Owner of the Peacock

Comcast has completed its $30 billion acquisition of NBC Universal, ending a long corporate odyssey that gives the country's largest cable provider control of an entertainment behemoth.

Comcast announced Saturday that the merger was completed Friday. It has 51 percent control of NBCU, with General Electric keeping 49 percent.

Source: http://www.thewrap.com/television/column-post/comcast-nbcu-deal-closes-24288

Adam Lambert Vanessa Hudgens

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