Comcast to buy GE's stake in NBCUniversal for $16.7 billion

Tue Feb 12, 2013 4:39pm EST

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(Reuters) - Comcast Corp said it would buy General Electric's 49 percent equity stake in their NBCUniversal joint venture for about $16.7 billion.

NBCUniversal will buy from GE the properties used by it at 30 Rockefeller Plaza and CNBC's headquarters in Englewood Cliffs, New Jersey for about $1.4 billion.

(Reporting by A. Ananthalakshmi in Bangalore)

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Comments (1)
notnews wrote:
Didn’t I hear about this on 30 Rock a couple of seasons ago?

Feb 12, 2013 4:50pm EST  --  Report as abuse
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