TITLE

Five Banking Firms to Finance NBC Sale

PUB. DATE
December 2009
SOURCE
American Banker;12/4/2009, Vol. 174 Issue F316, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that J.P. Morgan Chase & Co. and Goldman Sachs Group Inc. are among a group of five banks providing over $9.8 billion in funding for Comcast's acquisition from General Electric Co. of 51% of NBC Universal. Comcast will commit over $7 billion worth of its cable channels and also pay $7.25 billion in exchange for the controlling stake.
ACCESSION #
45571915

 

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