Comcast Soars On $16.7 Bil NBCU Buyout, Dividend HikeComcast (CMCSA) said late Tuesday it will buy out General Electric's (GE) remaining stake in NBC-Universal for $16.7 billion and hiked its 2013 dividend, sending the cable TV firm's shares up 7% in after-hours trading. In addition to the 20% payout hike -- at the low end of analysts' estimate -- Comcast will buy back $2 billion in stock in 2013. Comcast will take full ownership of NBCUniversal, in the midst of a turnaround, at a
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Topic: Technology: Comcast Soars On $16.7 Bil NBCU Buyout, Dividend Hike (Read 444 times)