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Comcast plans to separate its cable and media divisions over the next year. This could set each company up for M&A, but there might not be any good options.
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Stock futures jump as tech shares gain, U.S.-Iran agree to halt hostilities: Live updates CNBCWall St indexes climb as US, Iran halt attacks; Comcast surges on spin-off plan ReutersGold slips as U.S-Iran tensions spark inflation, rate hike fears TradingViewStock Market Today: Dow Rises On U.S.-Iran News; SpaceX Rallies On Addition To Nasdaq-100 Index (Live Coverage) Investor's Business Daily
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Comcast to split into two companies, spin off NBCUniversal and Sky NBC NewsComcast says it will spin off NBCUniversal CNNSky to Join Standalone NBCUniversal Company Under Comcast Split YahooComcast Announces Plans to Separate Media and Technology Businesses into Two Leading Public Companies Comcast Corporation
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The media business, which owns NBC News and Universal Pictures, will be separated from Comcast's cable and internet business, following a trend in the media industry.
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