Investor’s Business Daily – Blackstone is offering to sell its 50% stake in 2 Universal Studios theme parks back to NBC Universal. Universal said in an SEC filing that NBC Universal Ã¢â‚¬â€ now controlled by Comcast (NASDAQ:CMCSA – News) in a joint venture with General Electric Ã¢â‚¬â€ has until June 12 to decide on the offer. NBC Universal said it’s studying the proposal. Blackstone Group owns SeaWorld in Orlando and manages $140 bil in real estate, hedge funds and various businesses. Comcast, Blackrock and GE fell about 3% each.
NBC mulling theme-park deal (Investor’s Business Daily)
Posted by Yahoo! News: Stock Markets News on March 16th, 2011