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The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Tech, Media & Telecom: Comcast Buys Rest of NBCUniversal

The $16.7 billion deal gives Comcast the rest of GE’s stake in the company

Comcast Corp. (Nasdaq: CMCSA) will buy General Electric Co.’s (NYSE: GE) 49 percent stake in NBCUniversal for $16.7 billion.

The deal includes $1.4 billion for 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, N.J.

The transaction consists of $11.4 billion in cash on hand, $4 billion in subsidiary senior unsecured notes issued to GE, $2 billion in borrowings under bank credit facilities and $725 million of subsidiary preferred stock issued to GE. The deal was expected to happen in 2014.

Comcast acquired a 51 percent stake in NBC from GE in 2011.

Morgan Stanley was Comcast’s financial adviser, while Davis Polk & Wardwell LLP was legal counsel. 

In January, Comcast agreed to buy $150 million in Arris Group Inc. stock.

 

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