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Comcast Execs Deny Split Will Lead to M&A Spree, Emphasize Organic Growth

Dade Hayes, Max Goldbart

3h ago· 3 min readenNews

finance business

Summary

Comcast Co-CEO Brian Roberts and Co-CEO Mike Cavanagh insist that the planned split of Comcast into two separate companies next year is not a precursor to an M&A spree. During an investor call, Roberts stated the move is about positioning each entity to maximize value, monetize assets, and pursue organic growth strategies. Cavanagh, who will lead the NBCUniversal-Sky entity post-split, echoed that there are no plans for dealmaking, emphasizing a focus on building rather than acquiring.

Source

DeadlineComcast Execs Deny Split Will Lead to M&A Spree, Emphasize Organic Growthdeadline.com

Key quotes

· 2 pulled

Absolutely not. This is the right move to put each company in the strongest position to create value, fully monetize its assets and aggressively pursue its own organic growth strategies.

Definitely not. Our plan for NBCUniversal and Sky is to build a

Snippet from the RSS feed

Comcast executives sought to downplay the scenario that the media giant will be primed for dealmaking once it splits into two companies next year.

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