GE and Vivendi Reach Deal About NBCU

Just wanted to write a quick post to let everyone know that GE and Vivendi have reached a deal for Vivendi to get 5.8 billion for its 20% stake in NBCU. This is really setting the stage for the Comcast-GE deal which will give the cable distributor a 51% stake in NBCU. Variety is reporting that the Comcast-GE deal could be announce by the end of this week at the earliest, though it may take up to a year for the deal to move through all the regulatory issues.