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The Gap Partnership

Sales negotiations might have aided deal

A deal is set to be struck between Comcast and NBC Universal.

24 December 2010

Sales negotiations may have proved useful for the proposed merger of Comcast and NBC Universal.

The chairman of the Federal Communications Commission (FCC) has stated he will vote to approve the deal, which is a significant step towards the formation of a new Internet and media powerhouse.

A draft order of approval for the merger on the condition the firms promise to share TV shows with competing cable and telecom services and also, to some extent, with new Web platforms, such as Apple TV and Netflix, that want to offer television over the Internet, was issued by Julius Genachowski.

The decision is now in the hands of the other four members of the FCC and a vote is likely to take place next month.

Sales negotiations between two firms recently led to US technical professional services firm Jacobs Engineering agreeing to buy Norwegian oilfield engineering company Aker Solutions' process and construction unit.
 

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