Comcast is no stranger to the mergers and acquisitions game, gobbling up companies both large and small, but also falling short on occasion. Here’s a brief look at their M&A resumé:
2001: Comcast paid $72 billion for AT&T Broadband, at the time the largest cable TV carrier. Comcast’s offer topped those of Cox Communications and AOL Time Warner.
2004: Comcast made a hostile takeover bid of Disney, but was rejected. Disney’s board unanimously rejected the $66 billion offer.
2004: Comcast completed a $300 million purchase of Tech TV, which it merged with its own G4 channel to form G4TechTV. Distribution of the channel jumped from 15 to 44 million homes.
2005: Sony and Comcast join forces to acquire MGM for about $4.8 billion.
2007: Comcast pays $483 million for a small cable operator, Patriot Media. The company only has 81,000 subscribers, which at the time made it the most expensive in cable-TV history on a per-subscriber basis.
2011: Comcast completes its purchase of NBCUniversal, taking a controlling 51% stake. The purchase (at around $30 billion) was first announced in 2009, but was not approved by the FCC until January 2011.
2013: Comcast buys the remaining 49% in NBCUniversal for $16.7 billion. Comcast threw in another $1.4 billion for NBCU’s properties at 30 Rockefeller Plaza and CNBC digs in Englewood Cliffs, N.J.