GE to Buy Out NBC Stake From Vivendi
General Electric (GE) has agreed to buy out Vivendis 20 percent stake in NBC Universal for $5.8 billion, according to media reports late Monday. The deal clears the way for GE to sell a 51 percent stake in NBC to Comcast (CMSCA), for as much as $30 billion.
Credit: Market News Video
Copyright: Market News Video
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