Comcast, NBCUniversal
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Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.
Wall Street bounced back Monday as investors hit pause on last week’s tech selloff. A flurry of corporate deal activity lifted major indexes.
Comcast said Monday that it plans to split into two companies by spinning off NBCUniversal and Sky.
Comcast spent 25 years arguing that media and broadband belonged together. Now it's breaking them apart.
