GEReport: Google Retains Top Spot in Global Brand RankingsAuthored by Mark Hefflinger on April 21, 2008 - 9:14am.
GE Commercial Finance, NBC Launch $250 Million Equity FundAuthored by Mark Hefflinger on April 18, 2007 - 3:08pm.
Stamford, Conn. - GE Media, Communications & Entertainment, a unit of GE Commercial Finance, and NBC Universal on Wednesday announced they have launched a $250 million equity fund to invest in media and technology companies. Vivendi Universal, GE Finalize Entertainment MergerAuthored by Mark Hefflinger on October 8, 2003 - 4:54am.
Paris -- After more than six months of protracted and oftentimes dramatic negotiations, Vivendi Universal and General Electric (GE) on Wednesday signed a merger deal that will create a media giant -- NBC Universal -- with an estimated value of $43 billion. The terms of the deal that will combine Vivendi Universal Entertainment with GE's television network NBC were largely unchanged from those posted in September, with the exception that GE will assume a slightly larger debt than previously proposed. NBC will assume $1.7 billion of debt, as opposed to the $1.6 billion announced in September. Under the deal, GE will pay Vivendi Universal Entertainment shareholders about $3.8 billion in GE shares, as well as give them a 20% stake in NBC Universal.
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