NBC Universal, the entertainment company controlled by Comcast Corp., named Morgan Stanley investment banker Stuart J. Epstein as chief financial officer.
Google Inc. and General Electric Co. ’s NBC Universal said they have abandoned a television advertising-sales partnership that began two years ago.
NBC Universal Inc. sold $5.1 billion of debt to help pay for its majority purchase by Comcast Corp. in the third-biggest U.S. debt transaction this year, according to data compiled by Bloomberg.
Comcast Corp. ’s proposed merger with NBC Universal won approval from U.S. regulators, clearing the way for the largest U.S. cable company to combine with a national broadcaster.
NBC Universal Chief Executive Officer Jeffrey Zucker will step down once Comcast Corp. completes its takeover of the company as the new owners move to reshape management.
NBC Universal Chief Executive Officer Jeffrey Zucker said he expects the takeover by Comcast Corp . to be completed by yearend.
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