Greer Ruled Contrary to Established Case Law

Except for some last minute Vivendi robbery in connection with the sale of its 20% stake in NBCU, “It’s a done deal,” an insider tells me structural. But it is – very close. The 290 pages of “Project Crimson”, which has been trying to name key from the beginning, was given to the legal departments yesterday. But not address fundamental issues.” All parties agreed on Friday to the operation’s finances after the rough frame was one month ahead. There is still much complicated reality of taxes and compensation shit. I have some more detail in Comcast-GE-NBC. Another step forward is that Comcast just GE’s agreement would not have any conversation with anyone NBCU about for a week starting yesterday. It is expected that the regulator is well will have 14 months to obtain, and the transfer must be made in early 2011″That’s an indication you are getting the deal done,” an insider confided to me. “Nothing has been signed yet issues. Obviously, Comcast took seriously the reports that Rupert Murdoch Corp was hanging around more closely and could be a bidder.
“I do not think they have an opinion on someone right now.” (Actually, I think the truth is more like Comcast does not want anyone to express views on the people of NBC Universal and the poison now what will be a long process pre-acquisition.There are still 14 months to go. Other media have been reporting that Zucker will continue. Today, I heard from an insider on the fate Zucker that “the last thing Comcast wants to do is to indicate anything one way or another. I have been informed that Comcast No. 2 Steve Burke, who is overseeing NBCU was saying that Zucker was out a few months. Comcast remains cautious about what he plans to Jeff Zucker and Ron Meyer, and the rest of the bigwigs at NBC Universal. Comcast will do what is smart and be supportive of Jeff during that time and get to know and then make a decision. “So it is with Ron Meyer.
“The study is of most interest to them that the network is” an insider explains. The problem is that nobody thinks that the network is marketable. “Everyone gets rid of the network, which basically is an agreement to buy a bunch of cable channels. But here’s another interesting detail: I understand that Comcast is less likely to drop out Universal broadcast network NBC troubled me. You lose a huge amount of money in this time.
So we hope that Immelt and Roberts to explain to Wall Street for $ 30B U.S. deal makes sense for its shareholders. So let’s pass the financial point of view again: Vivendi would sell its 20% of NBCU to GE. NBC Universal is set to a new joint entity controlled 51% by Comcast and 49% by GE. Comcast contributes all of its cable channels like Versus and Golf and E! and style, plus $ 6B to $ 7B in cash, the new entity. It’s a very secret conspiracy that excludes same media unless they are moderating panels. In turn, GE put its 80% owned by Vivendi NBCU over 20% (it is hoped that the controls at the time), and $ 8B to $ 10B of debt, the merged entityMeanwhile, GE’s Jeffrey Immelt and Brian Roberts Comcast is talking about back in the day from New York financial conference held by two private equity firm Quadrangle on Wednesday and Thursday.