Comcast Buying Out GE’s Stake In NBC

The 49% Comcast didn’t initially buy will be bought for $16.7 billion.

Also, NBCUniversal, the parent company of CNBC and CNBC.com, will purchase the properties it uses at 30 Rockefeller Plaza in New York and CNBC’s headquarters in Englewood Cliffs, NJ for about $1.4 billion.

About Alan

Alan Colmes is the publisher of Liberaland.

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