Comcast has agreed to buy General Electric's stake in NBC Universal

Posted at: 02/12/2013 4:55 PM
By: WNYT Staff


Two major business deals were announced today.

General Electric is selling its 49 % stake in NBC Universal to Comcast.

If the deal is approved, GE would be paid about $17 billion.

Additionally, China is buying a Canadian energy company for $15 billion.

Nexen operates in the oil sands of Western Canada.

It also produces oil from the Gulf of Mexico, the North Sea, Africa and the Middle East.

The deal was approved by both the Canadian government and the US. .