Pursuits
Cablevision-Fox Spat May Raise Hurdles for Comcast-NBC
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The spat between News Corp. and Cablevision System Corp. that blacked out Fox programming for more than 3 million subscribers may raise hurdles for Comcast Corp.’s $28 billion deal to take control of NBC Universal.
Comcast, which is buying a majority stake in the media company from General Electric Co., may receive heightened regulatory scrutiny as a result of the dispute, said James Ratcliffe, an analyst at Barclays Capital in New York. The Federal Communications Commission is reviewing the acquisition.