The Justice Department gave its blessing to Comcast’s purchase of NBC Universal earlier this year, and many figured it was a done deal. Not so fast! A federal judge in the District of Columbia has expressed doubts about the arbitration terms of the agreement, and has stated that his is concerned that they may not be in the best interest of the public.
The Justice Department has other options available even if this judge should block the sale, including an appeal of the decision. As a result, it’s not likely that this will torpedo the deal.