Comcast Posts Solid Q4 2012 Earnings, Will Acquire GE?s Stake In NBCUniversal For $16.7B

Comcast is already the country?s largest cable television provider, but its entertainment ambitions don?t end there ? the company has just announced that it will spend $16.7 billion to purchase General Electric?s stake in NBCUniversal. To top it off, Comcast will also shell out an additional $1.4 billion to purchase CNBC?s headquarters in Englewood Cliffs, N.J. and the NBCUniversal facilities at 30 Rockefeller Plaza in New York.

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