SEC filing: Comcast to sell A&E stake for $3.025 billion

Tom Paine

In an SEC Filing released this morning, Comcast said A&E Television Networks, LLC had agreed yesterday to redeem NBC Universal's entire 15.8% stake in the networks for $3.025 billion. The imminent sale had been widely reported, though the final price is slightly higher than some had suggested. Disney and Hearst are the other two owners of A&E, and each will now own 50% stakes.

Update: see Bloomberg story.



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