
Comcast will obtain 51 percent ownership in NBCU, and GE will retail the remaining 49 percent after the company bought back a 20 percent stake owned by Vivendi valued at almost $6 billion.
For its stake, Comcast will pay $6.5 billion in cash and $7.5 billion in assets including Comcast-owned cable networks.
The deal could take over a year to finalize.
NBC Universal, which includes the broadcast and cable networks, Universal Studios, the theme parks and several local affiliates, is valued at more than $30 billion.
