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Sources: Comcast in Talks to Buy NBC
Posted By Barry Ritholtz On September 30, 2009 @ 9:45 pm In Financial Press,M&A | Comments Disabled
The late breaking news doesn’t seem to stop these days:
“Comcast, the nation’s leading provider of cable, entertainment and communications products and services, is in talks to buy the entertainment giant NBC-Universal from General Electric, according to knowledgeable individuals.
Deal points were hammered out at a meeting among bankers for both sides in New York on Tuesday, executives familiar with the meeting said.
Two individuals informed about the meeting said that a deal had already been completed at a purchase price of $35 billion.”
I have no opinion if this is remotely true, but $35 billion sounds kinda rich . . .
Exclusive: Comcast in Talks to Buy NBC-Universal from General Electric 
The Wrap, September 30, 2009
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2009/09/comcast-in-talks-to-buy-nbc-universal-from-general-electric/
URLs in this post:
 Exclusive: Comcast in Talks to Buy NBC-Universal from General Electric: http://www.thewrap.com/article/exclusive-comcast-buy-nbc-universal-general-electric-8002
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