Faber: GE, Comcast Deal Still on Track

" brain is back. David -- David why do you come back for Friday and."

" Wal-Mart I was -- I was on vacation last week but I was actually out on now work related stuff this week though I wasn't really on vacation out. I got back from the building yesterday. And that's why -- I -- this little worried about you know it's a valid question. And if I could fake it I promise I stayed out. Up but having John not not been on at least for the last couple weeks certainly want to update our viewers in some deals."

" Cadbury Kraft still out there that's going to get interesting probably starting in the next week or two given the deadline is coming that put up or shut up deadline for. Our craft but there's another deals well that certainly caught a lot of our attention."

" Here in this building. Mark. Everybody else and that of course is the sale of our own company NBC universal by GE took Comcast now of course it's on a complete sales who told you many times."

" It's so relatively complex deal in which he would."

" Alternately give up control of NBC universal. But to Comcast in the formation of a new coat in which. Comcast would have a 51% stake to 49%. And and the ability to sell -- down over time where things stand. Looks like it's getting closer. And closer people close this deal tell me due diligence final valuation work is being completed and -- final valuation work you know -- and they."

" We told it's roughly thirty billion dollar value being applied to NB CU but. That also -- implies a certain value for the contest properties that are being contributed to new coat on and he's still got."

" A little bit of movement and -- around those numbers not a lot from what I'm hearing and frankly people think this deal is going to be announced. In the very near future not next week what I'm hearing but could be the week after. So let's say within two weeks we will get this deal the key caveat though GE and Vivendi. Only to figure out how to get the than the out of this thing and at what price it's going to take to get Vivendi. As. Our viewers likely know Vivendi owns 20% of NBC universal it does have the right to register the shares for an IPO but G-8."

" Is going to be offering Vivendi a lot more money conceivably. Then demand would be able to get if that registers its sales -- shares and sold them in an IPO analyst then he does have some leverage here because."

" If it chooses to go that route this deals over all the work that's been done the months and months and months of work that have taken place here. I'll would be moot because. They can't do this deal must -- Andy decides to sell into it essentially were to sell. That state now one would expect that Vivendi ultimately. Will choose to do so given it's going to be getting a value far higher than it would. If it registered shares sold them in IPO. But we'll see what I'm here and it just doesn't seem real lot of concern among people seem to believe the end of the day then he will say. Thank you and take our money so again mark I know you wanted to know Melissa and you wanted to notes it probably not next week but from what I'm hearing. We could have ourselves a deal the week after back to you."

" Our David -- has a lot of import for all of us who work here at least in terms. Options are restricted stocks -- us. Her pension plans to separate part."