๐Ÿ“ˆ
๐Ÿ“ˆ Business

Comcast breaks up hoping for a Disney-like valuation of 10x price-to-earnings

Comcast is splitting up its business with the hope that the spun-off NBCUniversal will achieve a valuation similar to Disney, which trades at 10 times price-to-earnings, according to one analyst. The break-up is intended to unlock the value of the company's individual business segments. No timeline for the split has been specified in the article.

Comments

No comments yet