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FCC reportedly set to approve Comcast-NBC deal

Federal regulators are on the verge of announcing approval of Comcast Corp.’s  deal to acquire control of NBC Universal from General Electric Co. , according to people close to the review.

Federal Communications Commission officials spent the weekend making last-minute revisions to an order approving the deal. FCC commissioners are expected to approve it on a 4-1 vote, with Democratic commissioner Michael Copps, an opponent of media consolidation, voting against. Get the full story »