Today’s Best Market Rumor: GE (GE) Has Deal To Clear NBCU Transaction

Posted: November 30, 2009 at 8:02 pm

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Several news media outlets are reporting that GE (NYSE:GE) has a deal to buy the 20% of NBC Universal that Vivendi owns for $5.8 billion.

This will clear the way for GE to sell control of its entertainment and news division to cable giant Comcast (NASDAQ:CMCSA)

Douglas A. McIntyre

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