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WSJ is posting that GE and Comcast are ready to announce the big deal for NBC Universal on Thursday. Comcast winds up with a majority stake. It comes after France's Vivendi agreed to sell its 20 percent stake in NBC Universal to GE for $5.8 billion. Of course, there's no telling how long it might take to pass regulatory muster - or what Comcast might be required to give up.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
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Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.