The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.
Comcast is positioning itself for the next round of media industry merger and acquisition activity by spinning off ...
Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process ...
Mike Cavanagh will be the CEO of NBCUniversal and Comcast's former CFO Michael Angelakis will become the CEO of Comcast in ...
The media business, which owns NBC News and Universal Pictures, will be separated from Comcast’s cable and internet business, ...
The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both ...
Investors cheered the news of the spinoff, sending Comcast's share price up as much as 17% during Monday's trading session.
Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
Comcast will spin off NBCUniversal into a separate company, the corporate giant said Monday, separating its media properties, ...
Almost as soon as the two companies announced a split, analysts rushed to consider potential merger and acquisition targets ...
Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its ...