GE to have right to sell stake in new NBC venture

Joint Venture Add comments
General Electric (GE.N) could start to exit a new NBC Universal joint venture with Comcast Corp (CMCSA.O) as soon as three-and-a-half years after the ink is dried, two people familiar with the talks said on Monday. Comcast is in talks with NBC Universal’s parent company GE to buy a controlling stake in the joint venture that has broadcast and cable channels as well as movies and theme parks G.E. is looking to sell, and NewsCorp is a potential buyer Under the proposal, NBC Universal
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