dslreports logo
site
spacer

spacer
 
   
spc
story category
Comcast Buys Remainder of NBC For $16.9 Billion
Nabs GE's Remaining 49% Share, 30 Rock Property
by Karl Bode 08:13AM Wednesday Feb 13 2013 Tipped by AndyDufresne See Profile
After acquiring a majority stake in NBC Universal for a deal worth $13.8 billion back in 2009, Comcast this afternoon announced they'd be buying GE's remainder share of NBC for an additional $16.9 billion. According to a Comcast press release, Comcast will also be buying the NBC/GE properties at 30 Rockefeller Plaza, as well as CNBC's headquarters in Englewood Cliffs, NJ for around $1.4 billion. "Our decision to acquire GE's ownership is driven by our sense of optimism for the future prospects of NBCUniversal and our desire to capture future value that we hope to create for our shareholders," Brian Roberts said in a statement.


76 comments .. click to read