Report: News Corp., Liberty could enter mix for NBC Universal
OPS_admin | Oct 13, 2009 | Comments 0
The future of NBC Universal remains in flux, and now, News Corp. and Liberty Media have expressed interest in a possible stake in the company, according to reports from CNBC.
NBCU, which is 80 percent owned and controlled by General Electric Co., has been rumored to be looking at a deal with Comcast that would have the company 51 percent owned by Comcast and 49 percent owned by GE.
The report goes on to say that GE is looking to have a pair of “puts” placed into a deal with Comcast that would have GE put some of the 49 percent stake onto Comcast after three and seven years after the new NBC Universal is created.
Full Story: Report: News Corp., Liberty could enter mix for NBC Universal – Los Angeles Business from bizjournals:.
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