Comcast completes 16.7B NBCU deal ahead of schedule
Comcast finalizes its purchase of the remaining NBCUniversal stake from GE for 16.7 billion dollars. CEO Brian Roberts says the move proves confidence in TV and digital advertising, with NBCUniversal assets including NBC, theme parks, Universal Pictures, USA and Syfy networks, and pay TV.
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American Airlines and US Airways Agree to Merger
Boards of American Airlines and US Airways approve a merger creating the world's largest carrier. The combined airline will keep the American name and be led by US Airways chief Doug Parker, with American’s Tom Horton becoming chairman. Announcement expected Thursday. The deal traces to creditor pressure in 2011 during American’s bankruptcy restructuring.
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