The Telegraph logo The Telegraph 3 weeks ago

General Electric and Comcast close in on joint venture

The two companies – which are discussing the combination of GE’s NBC Universal and parts of Comcast into one business – are believed to have agreed on the valuation over the weekend. Full Article at The Telegraph

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  1. NEW YORK -- Comcast and GE have agreed to make NBC Universal CEO Jeff Zucker the head of their proposed joint venture, but the structure of a new board is still being negotiated, sources familiar with the matter said. Full Article at Hollywood Reporter

  2. GENERAL Electric Co and Comcast Corp have agreed on a valuation of around US$30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on Sunday. Full Article at Shanghai Daily

  3. Comcast’s bid to buy NBC Universal from GE has cleared another hurdle — the price point. The two parties have agreed to a $30 billion price tag for the TV and movie company, sources familiar with the matter tell The Wall Street Journal and Reuters. Full Article at NewTeeVee

  4. General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on... Full Article at PC Magazine

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  1. BURBANK, CA - DECEMBER 01:  An NBC sign stands near the NBC studios on December 1, 2009 in Burbank, California. A tentative agreement has been reached to sell VivendiÕs 20 percent stake in NBC Universal to General Electric (GE) for about $5.8 billion.
  2. "American Idol" host Ryan Seacrest listens during Comcast CEO Brian Robert's keynote address at the Consumer Electronics Show in Las Vegas, Nevada in this January 8, 2008 file photo.
  3. LOS ANGELES, CA - MARCH 04: MTV Network's Doug Herzog, moderator Rod Perth, Comcast's Jeff Shell, Disney Channel's Rich Ross and Crown Media Holdings' Henry S. Schleiff attend the HRTS Cable News Chiefs Newsmaker luncheon held at the Hyatt Regency Century Plaza Hotel on March 4, 2009 in Los Angel...
  4. PITTSBURGH - MAY 10:  (L-R) President and C.O.O. of Comcast-Spectacor Peter Luukko, Assistant General Manager Barry Hanrahan and General Manager Paul Holmgren of the Philadelphia Flyers watch the off day skate of the NHL Eastern Conference Playoffs at the Mellon Arena May 10, 2008 in Pittsburgh,...
  5. COLLEGE PARK, MD - FEBRUARY 11:  Democratic presidential hopeful Sen. Barack Obama (D-IL) (2nd L) is escorted by U.S. Secret Service agents during a campaign rally in the Comcast Center at the University of Maryland February 11, 2008 in College Park, Maryland.
  6. The Rockefeller Center Christmas Tree stands lit in front of the General Electric building in New York's Rockefeller Plaza during the 77th annual tree lighting ceremony Wednesday, Dec. 2, 2009  in New York.
  7. NEW YORK  - DECEMBER 1:   A general view of 30 Rockefeller Plaza, the headquarters of NBC and General Electric on December 1, 2009 in New York City. General Electric is poised to buy Vivendi's NBC Universal stake.

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