The Wrap reports Comcast is in talks to buy NBC Universal from GE

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Update 10/1/09: there are a variety of media reports where both Comcast and NBC are denying that the story reported by The Wrap is accurate.

Via The Wrap:

Comcast, the nation’s leading provider of cable, entertainment and communications products and services, is in talks to buy the entertainment giant NBC-Universal from General Electric, according to a knowledgeable individual.

Deal points were hammered out at a meeting among bankers for both sides in New York on Tuesday, executives familiar with the meeting said.

A spokeswoman for NBC-Universal had no comment. A spokeswoman for Comcast also had no comment.

Much more via The Wrap

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