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General Electric, Comcast inch closer to deal

China Daily | Updated: 2009-11-10 09:09

General Electric, Comcast inch closer to deal

Pedestrians walk near the NBC television network studios at 30 Rockefeller Plaza in New York. Bloomberg News

NEW YORK: 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.

General Electric, Comcast inch closer to deal

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