Merger deal sealed

Wed, Oct 8, 2003 (9:11 a.m.)

PARIS -- Vivendi Universal and General Electric Co. have reached a final agreement to merge the French company's Hollywood studio, cable TV networks and theme parks with GE's NBC business, creating a media giant with about $13 billion in annual revenue.

The terms of the deal announced today were largely unchanged from a preliminary agreement reached a month ago.

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