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February 13, 2013 03:17 am GMT

Comcast Posts Solid Q4 2012 Earnings, Will Acquire GEs Stake In NBCUniversal For $16.7B

comcast remoteComcast is already the countrys largest cable television provider, but its entertainment ambitions dont end there the company has just announced that it will spend $16.7 billion to purchase General Electrics stake in NBCUniversal. To top it off, Comcast will also shell out an additional $1.4 billion to purchase CNBCs headquarters in Englewood Cliffs, N.J. and the NBCUniversal facilities at 30 Rockefeller Plaza in New York.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wy2z9n3JyKE/

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