Vivendi, GE agree $5.8b price for NBC stake
China Daily | Updated: 2009-12-02 08:05
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Pedestrians walk near the NBC television network studios at Rockefeller Plaza in New York. Selling Comcast control of NBC would let GE concentrate on its financial, healthcare and industrial businesses. Bloomberg News |
BOSTON: General Electric Co and Vivendi SA agreed on a $5.8 billion valuation for the French telecommunications company's 20 percent stake in NBC Universal, according to two people with knowledge of the discussions.
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