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NBC Announces Delay In Comcast Takeover

New York Times | by TVNewsCheck

The long-awaited completion of the takeover of NBC Universal by Comcast will have to wait until the new year. Outgoing NBC Universal CEO Jeffrey Zucker sent a memo to staff this afternoon explaining that regulatory approval of the deal, under which Comcast will acquire 51% of NBCU from the General Electric Company, will not be finalized by the end of this month, as Comcast executives had hoped.