Comcast to Use NBC Cash to Buy More of Unit, Not Major Deals

Comcast Chief Executive Officer Brian Roberts said the cable company plans to use cash generated by NBC Universal to buy the rest of that unit from General Electric, rather than on other acquisitions. Comcast paid about $13.8 billion in cash and assets for 51 percent of NBC Universal in a deal that closed in January and has the rights to buy out the remainder of GE’s share at certain times.