Key facts: Comcast is changing leadership to support its growth strategy ahead of the $7 billion spinoff of NBCUniversal's cable networks, expected to finalize by year-end.
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- Comcast is changing leadership to support its growth strategy ahead of the $7 billion spinoff of NBCUniversal's cable networks, expected to finalize by year-end.1
- Comcast (CMCSA) shares fell 0.6% to $31.55 after announcing a new co-CEO. Michael Cavanagh, with the company since 2015, has influenced its strategic direction.2
- Comcast announced the expiration date results for its debt exchange offers and cash offers, amending its offers for 4.150% notes due in 2028 and 4.550% notes due in 2029.3