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Acquisition of NBC Universal by Comcast The logo of Comcast from late 2006 to 2013 NBCUniversal logo since 2011 Alternate NBCUniversal logo, created after the company's takeover and featuring Comcast's updated NBC peacock logo to promote its ownership Initiator Comcast Target NBC Universal from GE Type Majority stake (until March 2013) Full acquisition (from March 2013) Cost US$ 13.75 billion ...
Comcast's share price was down by as much as 6.5% today and had slid 2.8% as of 12:26 p.m. ET. Peacock is strong, but entertainment revenue is sliding ... Before you buy stock in Comcast, consider ...
Xfinity. Adelphia Communications Corporation: assets acquired by Time Warner Cable and Comcast in 2006. Comcast Entertainment Television (CET) Comcast Television 2 (Michigan) Commuter Cable. ExerciseTV (with Time Warner Cable, New Balance, and Jake Steinfeld) Group W Cable.
Comcast stock was flat on Tuesday following the announcement. Comcast said higher programming costs contributed to overall losses for Peacock of $704 million in the first quarter, compared to a ...
Comcast ( CMCSA) shares fell as much as 8% on Thursday, the biggest intraday decline since July 2022, after the company reported a surprise loss of broadband subscribers in the third quarter ...
In 1999, Comcast first made a bid for MediaOne. Comcast said they would pay $60 billion and assume all of MediaOne's debt. [4] [5] On May 6, 1999, AT&T, not wanting to be outdone promised about $62 billion instead, and paid a break up fee of $1.5 billion allowing MediaOne to be purchased by AT&T. MediaOne RoadRunner et al. next became AT&T branded.
The Board also forbade Cox from raising rates to recover the cost of the fine for a period of 10 years from the actual completion date. The total fine was approximately $93,000. [12] Also in 2004, Cox Communications announced plans to take the company private once again, expressing frustration in the shareholder's emphasis on short-term goals. [9]
With Comcast still hovering near 52-week lows, much of the risk in the stock may already be priced in. Is it time for value investors to take a look?