Article posted: 2/13/2013 1:48 PM

Wall Street: Comcast got a steal on NBCUniversal

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Comcast said Tuesday it's buying General Electric's 49 percent stake in the NBCUniversal joint venture for $16.7 billion several years early, as the company takes advantage of low borrowing costs and what CEO Brian Roberts called a "very attractive price."

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Analysts believe General Electric Co. gave Comcast Corp. a great deal on the half of NBCUniversal that the cable company doesn’t already own. “The Comcast folks feel like they got a steal,” said Daniel Holland, a GE analyst at Morningstar.

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