Comcast Will Buy Rest of GE's NBC Stake for $16.7 Billion

... GE's stock climbed 4.3 percent to $23.54. The sale will result in a pretax gain of about $1 billion for GE, the Fairfield, Connecticut-based company said in a separate statement. Those gains will be offset by increased restructuring costs this year, ...



via Fairfield Newswire http://www.bloomberg.com/news/2013-02-12/comcast-will-buy-rest-of-ge-s-nbc-stake-for-16-7-billion.html