Deals
GE Said to Entertain Offers for NBC
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Ron Grover posts the following over on BW’s On Media blog:
After months of denying it’s for sale, General Electric seems to be entertaining offers for its NBC Universal unit. According to multiple sources, cable giant Comcast is among those who are kicking the tires for NBCU, whose properties include the NBC broadcast network, the Universal film studio and a brace of cable TV channels that include USA, Bravo and the SyFy network. A Comcast spokeswoman denied a report in the The Wrap, a media blog started by former New York Times reporter Sharon Waxman, that Comcast has a deal in place to buy the NBC Universal unit for $35 billion.