GE in talks to sell NBC to Comcast

Filed under: Deals, Products and services, Industry, Competitive strategy, Money and Finance Today, Headline news

General Electric Company (NYSE GE), owner of the 83 year old peacock NBC, wants to sell part of it to Comcast Corp (NYSE: CCT), according to Alisa Roth, who reports that GE has entered into negotiations with Comcast to do just that.

Comcast is already the biggest cable operator in the country. If the deal goes through Comcast would own NBS, Bravo, CNBC and MSNBC and other channels.

Continue reading GE in talks to sell NBC to Comcast

GE in talks to sell NBC to Comcast originally appeared on BloggingStocks on Fri, 02 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=7bbe5ec7ca1dd189158f5eb1094ce552