Gibson Dunn & Crutcher and Debevoise & Plimpton have taken roles as French media conglomerate Vivendi has sold a portion of its stake in NBC Universal to General Electric (GE) for $2bn (£1.3bn), reports AmLaw Daily.
September 28, 2010 at 11:20 AM
1 minute read
The original version of this story was published on Legalweek
Gibson Dunn & Crutcher and Debevoise & Plimpton have taken roles as French media conglomerate Vivendi has sold a portion of its stake in NBC Universal to General Electric (GE) for $2bn (£1.3bn), reports AmLaw Daily.
The deal, announced on Monday (27 Septmeber) is part of the joint venture agreement announced last December between cable company Comcast and NBC Universal-General Electric. That agreement required Vivendi to sell its 20 percent stake in NBC to GE in a series of transactions.
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