US cable provider Comcast is to acquire the full ownership of TV and film company NBCUniversal for $16.7bn (£10.7bn).
Comcast will buy the 49% stake in the joint venture that it doesn't own from US industrial conglomerate General Electric (GE).
It will also buy the well-known 30 Rockefeller Plaza building in New York and another property for $1.4bn. Comcast took a majority stake in NBCUniversal in 2009.
NBCUniversal owns the Universal Studios theme parks, TV networks like MSNBC and E! and film studios like Universal Pictures, which made movies like Jaws, ET and Jurassic Park.
Read the full story here: http://www.bbc.co.uk/news/business-21437191
No comments:
Post a Comment