NBCU Valued at 30 Billion

Today, GE and Comcast moved one step closer to a deal that would give Comcast 51% ownership in NBCU. The two companies have agreed on a 30 billion dollar valuation for the majority share of NBCU; however, there are still plenty of things that could put a stop to the deal. Most importantly, Vivendi has yet to announce that it is exercising its option to sell its 20% stake in NBCU (they have until the first full week in December to make this announcement). Assuming Vivendi decides to sell, anti-trust claims from the FCC could also stop Comcast's plan to own NBCU. More news should follow this announcement in the coming weeks as Comcast and GE move closer to finalizing the deal.