The deal might solve urgent issues for both companies, but many legal and financial questions still loom over the talks, which are still in the early stages. In said deal, Comcast would contribute cash and its cable networks to NBS Universal for a 51% stake in the expanded company while NBC Universal would borrow money that would be turned over to GE, along with the cash contribution. GE would then use that cash to buy out a 20% stake in NBC Universal and pocket the remainder, ending the day with a 49% stake.
The potential tie-up would give Comcast control over more than 45 million customers spread across TV, the Web and telephone businesses.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
