Comcast, the largest US cable network, is in talks with General Electric to buy a stake in NBC Universal, reports Bloomberg. Negotiations for Comcast to buy about a 50% NBC Universal stake have been ongoing and a deal would depend in part on Vivendi making a decision to sell its 20% holding, said a person familiar with the discussions.

This entry was posted by Gwen Robinson on Thursday, October 1st, 2009 at 4:52 and is filed under Capital markets, M&A. Tagged with Comcast, ge, NBC Universal, vivendi. Edit this entry.