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Comcast To Buy Rest of NBCUniversal From GE

By Uri Berliner,
Melissa Block
Published February 13, 2013 at 12:22 PM EST

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.

Copyright 2013 NPR
Uri Berliner
As Senior Business Editor at NPR, Uri Berliner edits and reports on economics, technology and finance. He provides analysis, context and clarity to breaking news and complex issues.
See stories by Uri Berliner
Melissa Block
As special correspondent and guest host of NPR's news programs, Melissa Block brings her signature combination of warmth and incisive reporting. Her work over the decades has earned her journalism's highest honors, and has made her one of NPR's most familiar and beloved voices.
See stories by Melissa Block