A&E Redeems NBCUniversal 15.8% Stake for $3.025B (CMCSA)

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Comcast (Nasdaq: CMCSA) disclosed that on July 9, 2012, A&E Television Networks, LLC (A&E) agreed to redeem NBCUniversal's entire 15.8% equity interest for $3,025,000,000. The redemption price will be paid solely in cash, although under certain limited circumstances as described in the redemption agreement, it will be paid in cash and in the form of a senior note issued by A&E.

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