General Electric
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Union is vocal on Vivendi...value, two people familiar with the situation said Thursday. An agreement would provide Vivendi with as much as $6 billion and allow GE to exit the media business by selling control of NBC Universal to Comcast Corp. "Everyone is trying to... In this article: Vivendi SA, NBC Universal, GE, Comcast Corp., London, and Paris |
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Forbes.com News | 1 day ago
Is General Electric Having a Yard Sale?
...with Comcast. Comcast's investment would be cash and programming assets worth $10 billion. Benefit to GE: taking $2 billion of NBC debt off GE's balance sheet. Exchanging $30 billion worth of assets for a minority stake in a $40 billion...
In this article: Jeffrey Immelt, Comcast, Balance sheet, United Technologies, NBC Universal, Joint venture, and Intangible asset
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Reuters | 3 days ago
GE chief Immelt in Paris for Vivendi talks-WSJ
...in Paris on Wednesday in an effort to speed up talks to buy Vivendi SA's <VIV.PA> stake in NBC Universal, the Wall Street Journal reported. GE is negotiating to buy Vivendi's 20 percent stake in NBC Universal, with the aim of then selling...
In this article: Vivendi SA, GE, Jeffrey Immelt, NBC Universal, Paris, Comcast, and The Wall Street Journal
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Reuters | November 20, 2009
GE-Vivendi talks over NBC Universal stalled: report
...company Vivendi might pursue an initial public offering of its 20-percent stake in NBC rather than sell it back to GE, the report said. GE has been negotiating for weeks with Vivendi over buying its stake and then selling a majority interest...
In this article: Vivendi, Comcast, NBC Universal, Agreement in principle, NBC, and Reuters
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Reuters | November 20, 2009
UPDATE 4-GE, Vivendi make progress on NBC Universal
...in debt that would be added to its books as part of the deal. It would use that debt to buy the rest of the company from GE. GE has negotiated a redemption option that would give it the right to redeem all or part of its stake in the...
In this article: Vivendi, GE, Comcast, NBC Universal, and Joint venture
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AP Online | November 20, 2009
GE, Vivendi talks over NBC Universal stretch on
...to raise its offer to General Electric Co., which first needs Vivendi SA to sell its minority stake. If GE had to pay Vivendi more for that stake, it would have to absorb the additional cost because Comcast's agreement with GE is "set"...
In this article: Vivendi SA, GE, NBC Universal, Comcast, Universal Pictures, Philadelphia, Joint venture, Bravo, and CNBC
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Reuters | November 20, 2009
Vivendi, GE agree to interim payment on NBCU stake
Vivendi SA <VIV.PA> and General Electric <GE.N> have agreed that Vivendi will be paid close to one-third of the value of its NBC Universal stake, although a value for the stake itself is still being negotiated, a person familiar with the...
In this article: Vivendi SA, Comcast Corp, NBC Universal, Joint venture, and U.S.
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Reuters | November 20, 2009
GE, Vivendi differ on NBCU valuation: report
...health. "Following the GVT deal, we believe Vivendi will ultimately sell its stake in NBCU, but not at any price ... Similarly GE needs Vivendi's stake for Comcast for the tie up to go through and we see a compromise as likely," UBS...
In this article: Vivendi, Comcast, NBC Universal, Financial Times, United States, and Brazil
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Reuters | November 20, 2009
UPDATE 1-GE, Vivendi differ on NBCU valuation - report
* GE, Vivendi $1 bln apart over NBC Universal stake - FT * Compromise on price likely - UBS (Adds analyst comment, background) General Electric <GE.N> and Vivendi <VIV.PA> are at least $1 billion apart in their valuation of the French...
In this article: Vivendi, Comcast, NBC Universal, Financial Times, United States, and Brazil
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More on General Electric
Description from Wikipedia:
The General Electric Company, or GE (NYSE: GE), is a multinational American technology and services conglomerate incorporated in the State of New York. In 2009, Forbes ranked GE as the world's largest company. The company has 323,000 employees around the world.
- Name:
- General Electric Company
- Type:
- Public (NYSE: GE)
- Location:
- Fairfield, Connecticut, U.S.
- Founded:
- Schenectady, New York (1878)
- Stock Symbol:
- GE
- Industry:
- Conglomerate
- Key People:
- Jeffrey R. Immelt, Keith Sherin, Gary M. Reiner, Beth Comstock
- Products:
-
- Locomotives
- Wind turbines
- Jet engines
- TV
- Health informatics
- Electric motors
- Medical technology
- Medical imaging equipment
- Lighting
- Entertainment
- Gas turbines
- Aviation
- Industrial Automation
- Finance
- Generation
- Electricity
- motion pictures
- Revenue:
- US$ 182.515 billion
- Operating Income:
- US$ 19.141 billion
- Net Income:
- US$ 17.410 billion
- Assets:
- US$ 797.769 billion
- Equity:
- US$ 104.665 billion
- No. of Employees:
- 323,000
- Subsidiaries:
-
- GE Energy Infrastructure
- NBC Universal
- GE Technology Infrastructure
- GE Capital
- Motto:
- Imagination at Work
- Market Cap:
- US$ 110.15 billion
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