Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.
The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
Comcast is positioning itself for the next round of media industry merger and acquisition activity by spinning off ...
Mike Cavanagh will serve as the CEO of NBCUniversal, while Comcast’s former CFO Michael Angelakis will become the CEO of ...
Almost as soon as the two companies announced a split, analysts rushed to consider potential merger and acquisition targets ...
Comcast will spin off NBCUniversal into a separate company, the corporate giant said Monday, separating its media properties, ...
Comcast announced Monday that it is planning to split into separate media and technology companies, making NBCUniversal and ...
The debt rating agency is weighing in on a transaction to separate the tech and media businesses just as "weakening dynamics ...
Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its ...
Xfinity cable viewers still can't watch NFL Network, and won't have NFL RedZone if a deal isn't reached by Week One.
Comcast's spinning off NBCUniversal could set them up to pursue future deals even if there aren't any deals on the table yet.
Comcast, based in Philadelphia, will continue providing internet services to residential and business customers.