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Comcast stock popped more than 3% premarket before paring gains. Shares closed the trading day up 1.6% to roughly $43. The company said it is looking to complete the spin-off in one year.
Comcast stock was up about 2% in premarket trading, to over $43/share, off its 52-week high of $47.11. In regular trading, Comcast shares closed up 1.6% Wednesday as major market indexes were flat ...
Meanwhile, some employees at SpinCo are bummed they might lose perks extended to Comcast employees — including tickets to the Universal theme parks and free broadband and cable TV in Comcast’s ...
Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News. The split would cleave off some of ...
QVC: Comcast sold its majority stake to Liberty Media in 2003 Speed Channel : joint venture with Cox Communications and Fox Entertainment Group ; Fox acquired Comcast and Cox's stakes in 2001 Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery ) in 2003.
Comcast just jump-started a new season of major change across the television industry And no one quite knows what will happen next. Comcast’s cable networks spinoff raises questions about ...
The Comcast and Time Warner Cable logos. On February 13, 2014, Comcast Corporation announced its intent to acquire Time Warner Cable.The deal was proposed to take the form of a stock swap, estimated at the time of announcement to be worth about $45.2 billion. [1]
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