Comcast Eyes $10 Bil. Ad Haul From NBCU

Comcast today posted an 8.6 percent drop in second-quarter earnings, as costs associated with its efforts to land a controlling share of NBC Universal took a bite out of the cable operator’s bottom line.

While the deal awaits approval from federal regulators, the legal, filing and operating expenses related to the proposed transaction have added up to approximately $59 million before taxes.

For the three-month period ended June 30, Comcast reported net income of $884 million, or 31 cents per share, down from $967 million, or 33 cents per share, in the year-ago period.

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