Comcast's NBC Buy Won't Bankrupt Cable Giant, But It's Odd, Wasteful and Dangerous

Comcast's NBC Buy Won't Bankrupt Cable Giant, But It's Odd, Wasteful and Dangerous

By: Latest Articles from Benzinga.com

Posted on February 13, 2013 at 15:09 PM EST

Comcast (NASDAQ: CMCSA ) has made an unusual choice this week. It has decided to acquire the rest of General Electric's (NYSE: GE ) stake in NBC at a cost of $16.7 billion. This expensive purchase will give Comcast full control over NBC and all of its assets,

Related Stocks:

CBS Comcast Class A General Electric NewStar Financial, Inc. Nielsen Holdings Techne Corp Walt Disney

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