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BosstonesOwn

join:2002-12-15
Everett, MA
Reviews:
·Comcast

Interesting

But couldn't Comcast just buy the GE stake and any other company stakes and leave vivendi holding a bag ?

Maybe I got this wrong.
--
"It's always funny until someone gets hurt......and then it's absolutely friggin' hysterical!"

reelbigfish

join:2002-06-06
Boston, MA
Reviews:
·Comcast
·Comcast Digital ..

Comcast could in theory buy GE's 80%, but that isn't what GE wants. GE wants to maintain a 49% minority ownership in the new company, with Comcast controlling 51%. With Vivendi holding 20% GE could sell 41% of the company to Comcast, but I don't think that is what they want.


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