Comcast – Media and Cable Company Splits Up, Giving Investors the Best Day in Eleven Years!
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Comcast is splitting up – Cable/Technology remains, NBCUniversal along with Sky will be separated through a tax-free spin-off in about a year. The stock jumps over 25% and is heading for the best day in eleven years. Investors are betting on value unlocking but need to keep an eye on regulation and media challenges. Co-CEO Mike Cavanagh , who will lead the new NBCUniversal, emphasizes that both companies are starting from a position of strength. The Great Separation of Network and Content Comcast is making a radical cut. The U.S. company...
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