Comcast Will Buy GE's 49% Stake in NBC
February 12, 2013 at 16:37 PM EST
Comcast (NASDAQ: CMCSA ) reported earnings after the close on Tuesday. The company announced that it would purchase GE's (NYSE: GE ) 49% stake in NBC for $16.7 billion. The company posted an earnings per share figure of $0.56, more than the $0.53 estimate. Revenue was a bit light,