Comcast CFO Talks Acquisitions at Trader Convention – The Hollywood Reporter

NBCUniversal proprietor Comcast may well typically be seen as a potential customer of major media property, but the bar to determine in favor of major acquisitions is superior for administration these days, CFO Michael Cavanagh informed an investor conference on Tuesday.

Talking at the virtual Bank of The usa Securities 2021 Media, Communications and Amusement Convention, Cavanagh reported that proper now “the bar is genuinely superior for us to go after outright acquisitions of any material dimension.” He extra: “We obtained a good hand to play with what we have.”

Although he mentioned that “we never ever say never,” Cavanagh famous that smaller sized “tuck-in” acquisitions in some places, this kind of as a recent deal in cable small business expert services, are far more probable to make strategic and economical perception for management.

When it arrives to “outright” M&A, the Comcast CFO stated, “I don’t see the will

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