Regulators Near Comcast-NBC Universal Deal Vote
The cable giant's acquisition of a 51% stake in the entertainment firm is expected to be approved with conditions as early as today.
NEW YORK - The FCC could vote on the planned Comcast-NBC Universal deal as early as Tuesday after last-minute internal talks about final conditions over the weekend, a source confirmed.
The Wall Street Journal had reported overnight that regulators were on the verge of approval with several conditions.
However, a snow storm was expected to delay the opening of government offices in Washington on Tuesday, which could cause delays, a source said.
The FCC will on Tuesday also present its updated agenda for a planned Jan. 25 meeting. As reported, that meeting could serve as a date for a merger vote if it doesn't happen before. (Link)
The Justice Department is expected to approve the transaction at or around the same time as the FCC.
The two agencies have worked more closely together and coordinated on this deal than they have done in the past.
Cable giant Comcast's acquisition of a 51 percent stake in the entertainment firm is expected to close at the end of the month.