Deals
Comcast Gets U.S. Approval to Buy Control of NBC
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Comcast Corp.’s proposed merger with NBC Universal won approval from U.S. regulators, clearing the way for the largest U.S. cable company to combine with a national broadcaster.
The Federal Communications Commission approved the transaction on a 4-1 vote, and the Justice Department followed with its acceptance of the deal, according to e-mailed statements from the agencies today. Comcast is to acquire 51 percent of a joint venture that includes NBC Universal and parts of Comcast by contributing $13.8 billion in cash and assets.