Comcast Stock Soars On Company Split As Cable TV Giant's Makeover Continues
Licensing
Comcast (CMCSA) on Monday announced plans to separate into two companies through a tax-free spinoff of NBCUniversal and Sky, continuing the cable TV network operator's makeover. Comcast stock soared in premarket trading on the news. Shares in Charter Communications (CHTR) also jumped. In January, Comcast completed the spin-off of Versant Media, a group of cable networks, led by USA Networks,…










