February 12, 2013 / 9:39 PM / 5 years ago

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

(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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