Comcast’s CEO just kicked off what could become an…
Brian Roberts’ shock plans to spin off NBCUniversal from Comcast have set the stage for an M&A bonanza, with bankers working additional time to concoct offers where the media mogul is both a purchaser and a vendor of some of the industry’s greatest property, On The Money has realized.
Just a few months in the past when the battle for Warner Bros. Discovery was raging, the Comcast chief was thought-about an also-ran. Comcast’s floundering stock price (shares down 55% over the past 5 years) was no match for Ted Sarandos at Netflix, or the deal’s eventual winner, Paramount Skydance, backed…
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