GE, Vivendi Reach Deal On NBCU, Paving Way For Comcast To Buy Net
Several news outlets reported last night that General Electric had reached an agreement with Vivendi to buy the remaining stake in NBC Universal that it did not yet own. This long-expected agreement now paves the way for Comcast to step in and pick up a controlling interested in NBCU from GE.
Our sister blog TVNewser has a run down of some of the coverage on the deal. Among the highlights:
– GE will reportedly buy Vivendi’s 20 percent stake in NBCU for about $5.8
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