Vivendi, General Electric Strike Tentative Deal, Clears Way For Comcast and NBC-Universal

Handshake: “If finalized, the Vivendi-GE agreement will clear the final major obstacle to a deal GE worked out weeks ago to give U.S. cable company Comcast control over NBC Universal. The Comcast transaction would create one of the world’s largest media companies, but it always hinged on Vivendi selling its 20% stake to GE.”