NBCUniversal First-Quarter Profit Rises, Comcast Says It Won't Comment on Deal "Rumors"

April 27, 2016 12:47 PM

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NBCUniversal First-Quarter Profit Rises, Comcast Says It Won't Comment on Deal "Rumors"

Cable giant Comcast on Wednesday reported better-than-expected first-quarter results, including improved profitability figures for its entertainment arm NBCUniversal and stronger-than-expected pay TV subscriber gains.

But the company opened its earnings conference call saying it would not comment on recent deal "rumors or speculation" following late Tuesday news of talks about a potential takeover of DreamWorks Animation for $3 billion-plus. A representative said the company would not comment on “recent rumors or...

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