Comcast To Buy Rest of NBCUniversal From GE

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Comcast, the Philadelphia based cable giant, announced a major deal late Tuesday afternoon. It will buy the 49 percent stake of NBCUniversal that it did not already own for $16.7 billion. General Electric is the seller and will also be selling some prized real estate as part of the deal.

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Copyright NPR. View this article on npr.org.