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Comcast to Acquire Remaining 49% Stake from GE at NBC Universal for $16.7 billion (CMCSA, GE)

Comcast Corp. (NASDAQ: CMCSA), on Tuesday, announced that it will acquire remaining 49% equity stake from General Electric Co. (NYSE: GE) in their NBC Universal joint-venture, which it does not already own, for about $16.7 billion.

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Comcast Q1 Earnings Rise 30% (CMCSA)

Comcast Corp. (NASDAQ: CMCSA), a provider of entertainment, information and communications products and services, today, reported a 30% increase in first-quarter profit. CMCSA’s first-quarter profit also beat Street estimates.

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