The late breaking news doesn’t seem to stop these days:
“Comcast, the nation’s leading provider of cable, entertainment and communications products and services, is in talks to buy the entertainment giant NBC-Universal from General Electric, according to knowledgeable individuals.
Deal points were hammered out at a meeting among bankers for both sides in New York on Tuesday, executives familiar with the meeting said.
Two individuals informed about the meeting said that a deal had already been completed at a purchase price of $35 billion.”
I have no opinion if this is remotely true, but $35 billion sounds kinda rich . . .
Exclusive: Comcast in Talks to Buy NBC-Universal from General Electric
The Wrap, September 30, 2009