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General Electric (NCB)/Business News (CNBC)

M/05/053

Completed

Transaction details

Proposal whereby General Electric Company (GE) through its subsidiary NBC Universal, Inc. (NBC), would acquire all of the shares or interests, as the case may be, of three companies from Dow Jones & Company and its affiliated companies (Dow Jones): a) Business News (Europe) Partnership, (CNBC Europe); b) Business News (Asia) pte, (CNBC Asia); and c) CNBC World LLC, (CNBC World). CNBC Europe, CNBC Asia, and CNBC World are collectively referred to herein as CNBC.
Case details
  • Notification date:18 August 2005
  • Publication date:18 August 2005
  • Economic sector:Publishing & media production - J
  • Economic sub-sector:Film, TV & music production - J.59
  • Media merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 19 August, 2005 Notification received
  • Thursday, 1 September, 2005 Third party submission deadline
  • Monday, 19 September, 2005 Determination issued
Parties Involved

General Electric (NCB)

Global diversified technology and services company

 

Business News (CNBC)

Production of business and financial news and television programming in Europe

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