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Comcast announces it will spin off media and tech wings into separate public companies

Key Points

Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Comcast shares jumped over 10% in premarket trading. This is breaking news.

Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Comcast shares jumped over 10% in premarket trading. This is breaking news. Please refresh for updates.
Comcast (ORG) Sky (ORG)
Originally published by CNBC Read original →