Comcast Buys Rest of NBC Universal

NPR

Published February 13, 2013 at 12:22 PM EST

Comcast, the Philadelphia based cable giant, announced a major deal late Tuesday afternoon. It's buying the 49 percent stake of NBC Universal that it did not already own for 16.7 billion dollars. General Electric is the seller and will also be selling some prized real estate as part of the deal.

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