finance
Comcast to Acquire British Broadcaster One Week After NBCUniversal Spin-Off Plan
Comcast announced plans to purchase a British broadcaster just seven days after stating it would spin off NBCUniversal. The Philadelphia-based media and broadband company made both announcements in the same week.
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Comcast said it will acquire a British broadcaster one week after announcing plans to spin off NBCUniversal. The Philadelphia media-and-broadband company disclosed the purchase in a statement released after the spin-off plan.
The company did not name the broadcaster or disclose financial terms in the announcement. MarketWatch reported the two moves occurred within seven days of each other.
NBCUniversal was announced first.
The acquisition announcement followed one week later.
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CorroborationModerate · 2 sources
