In a memo shared with Comcast employees, the company's co-CEOs spoke of both units' "great business prospects" and "strong balance sheets."
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Lucia Moses
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Comcast to split its cable business from media through NBCUniversal and Sky spinoff
Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
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Comcast Announces Plans to Separate Media and Technology Businesses Into Two Leading Public Companies
Comcast said it plans to separate its media and technology businesses into two publicly traded companies.
Comcast is set to divide into two separate, publicly traded entities, spinning off its NBCUniversal and Sky media assets. This…
Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies.
The company is separating its high growth technology and connectivity business from its media business.
Analysts and investors are hoping to say goodbye to the conglomerate discount and allow two distinct businesses to better invest…
The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both companies.
