Nov 02, 2009

Comcast Corp., which reports its third-quarter earnings Wednesday, is in the homestretch in its negotiations for a deal with General Electric for a controlling 51% stake in NBC Universal. If the process doesn't falter, an announcement is expected soon, but it's not likely this week as the two sides continue to iron out the complex agreement after due-diligence meetings and presentations by NBC Universal execs last week in New York. One key hurdle is for GE and Vivendi to agree on a price...More