Comment on NBCUniversal agrees to buy Blackstone’s stake in Universal Orlando for $1.03 billion

NBCUniversal agrees to buy Blackstone’s stake in Universal Orlando for $1.03 billion

ORLANDO, Fla. — Private equity firm Blackstone Group LP has agreed to sell its 50 percent stake in Universal Orlando to Comcast-controlled NBCUniversal for $1.03 billion. The deal announced by the companies on Monday gives Comcast Corp. full ownership of the theme park. The transaction is expected to close on July 1. Read full article >>

 

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