NBC and Comcast Tie the Knot

It's a done deal: NBC has a new corporate overlord. So how did it go down?

It's simple:

NBC will borrow $9.1 billion and give it to GE, which will pay $5.8 billion to Vivendi for its share of NBC Universal, and Comcast will pay $6.5 billion to GE, which will contribute its share of NBC Universal, valued at $30 billion, to the joint venture with Comcast, which will contribute its networks, valued at $7.25 billion, to NBC Universal.

Told you it was simple! Most importantly, GE will get to keep its logo atop 30 Rockefeller Plaza and no one is going to be forced to move offices. Sweet!