NEW YORK (Reuters) – General Electric Co and Vivendi SA have agreed in principle to a deal in which GE would buy the French company’s 20 percent stake in NBC Universal for $5.8 billion, a source familiar with the matter said on Monday, paving the way for Comcast Corp’s proposed joint venture with GE.
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DUBAI (Reuters) – The Dubai government said on Monday it was not responsible for the debts of Dubai World, dealing a blow to creditors’ assumptions that the Arab emirate would guarantee the conglomerate’s liabilities. |
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