Comcast's market value: More than $100 billion




Comcast Corp., the giant cable company controlled by the Roberts family, passed $100 billion in market value for the first time,

Bloomberg reported.

That’s a higher market valuation than McDonald’s Corp., Home Depot Inc. and Walt Disney Co., the article said.

Comcast’s stock price has risen by more than two-thirds since it bought a controlling stake in NBCUniversal in January 2011, the report noted. The Bloomberg report added that Comcast’s CFO, Michael Angelakis, has said the company is considering buying the remainder of NBC in 2014. (Source: Bloomberg, Dec. 19, 2012.)

About the Author(s)

This is your 1st of 5 free articles this month.

Introductory offer: Unlimited digital access for $5/month
4
Articles Remaining
Already a subscriber? Please sign in here.

Related Articles

60 seconds on entitlement

Best Practices: Culture

KEEP IT IN THE FAMILY

The Family Business newsletter. Weekly insight for family business leaders and owners to improve their family dynamics and their businesses.