GE, Vivendi deal paves way for NBC sale to Comcast (AP)

FILE This photo taken Aug. 21, 2009 shows the NBC studios headquarters in New York. General Electric Co. has reached an agreement to buy the 20 percent stake in NBC Universal held by French media conglomerate Vivendi SA, The Associated Press has learned on Monday, Nov. 30, 2009. (AP Photo/Bebeto Matthews)AP – General Electric Co.’s agreement to buy out the rest of NBC Universal paves the way for it to sell control of the TV and movie company to Comcast Corp. in a deal that promises to reshape the entertainment industry.

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