Comcast, GE extend NBC U deadline

Comcast, GE agree to three-month extension of deadline for deal closing

Comcast and General Electric have extended the deadline for closing the merger deal that was inked a year ago.

In an SEC filing Friday, Comcast said that the sides triggered a provision to extend the deadline by three months, or to March 3. The original deal, unveiled Dec. 3, 2009, also gives them the option to trigger another three-month extension.

Comcast and GE execs have said they’re confident that the merger deal, which calls for Comcast to acquire 51% of NBC Universal from GE, will receive regulatory approval by year’s end. The FCC and Justice Dept. have been reviewing aspects of the transaction for months.

The FCC’s 180-day time frame for approving the merger ended late last month, but there’s no official word yet from the commission on a timetable for a decision.

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