Haverty Says Comcast Will Benefit Most From NBC Accord: Video

Dec. 3 (Bloomberg) -- Lawrence Haverty, a portfolio manager at Gamco Investors Inc., talks with B...  More »

Dec. 3 (Bloomberg) -- Lawrence Haverty, a portfolio manager at Gamco Investors Inc., talks with Bloomberg's Deirdre Bolton and Jon Erlichman about Comcast Corp.'s agreement to start a joint venture with General Electric Co.’s NBC Universal unit, creating an entertainment company valued at about $37 billion. Comcast will merge cable channels worth $7.25 billion with the NBC Universal assets, valued at $30 billion, the companies said today in a statement. Comcast also will contribute $6.5 billion in cash. The cable operator will own 51 percent of the new entity. (Source: Bloomberg)  « Less