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On December 3, 2009, Comcast and NBC Universal confirmed a $6.5 billion deal to merge the two companies, pending approval from the United States Department of Justice Antitrust Division; the deal would be structured as sale of Vivendi's stake in the company to GE for $5.8 billion, followed by Comcast acquiring 51% controlling stake of NBC ...
Xfinity. Adelphia Communications Corporation: assets acquired by Time Warner Cable and Comcast in 2006. Comcast Entertainment Television (CET) Comcast Television 2 (Michigan) Commuter Cable. ExerciseTV (with Time Warner Cable, New Balance, and Jake Steinfeld) Group W Cable.
With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
On February 13, 2014, Comcast Corporation announced its intent to acquire Time Warner Cable. The deal was proposed to take the form of a stock swap, estimated at the time of announcement to be worth about $45.2 billion. [ 1] The two companies argued that the merger would increase their overall scale, allowing the company to become more ...
No huge surprise here, but the FCC just approved Comcast's purchase of NBC Universal by a 4-1 vote. Details of the ruling aren't out yet, but FCC chairman Julius Genachowski had been pushing for ...
By the stroke of midnight tonight, it will be officially done, Comcast will have taken control of NBC Universal, paying general electric $6.5 billion and tossing its own cable channels into the ...
FCC Approves Comcast-NBC Universal Merger, Critics Warn Of 'Dire' Consequences. Nicholas Deleon. 3:30 PM PST • January 18, 2011. Comment. Not only does ...
For the better part of this year, Comcast has been jonesing to pick up a 51 percent stake in NBC Universal (for a cool $13.75 billion), but as you'd expect regulators have been poking and prodding ...