By: Benzinga
Comcast and GE Rally After NBC Deal
On Tuesday, Benzinga reported that Comcast (NASDAQ: CMCSA ) will purchase GE's (NYSE: GE ) 49 percent stake in NBC for $16.7 billion. In the aftermath, both stocks are rallying. Under the deal, GE will receive $12 billion in cash, $4 billion in Comcast guaranteed debt and $700
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