New York, United States of America
NBC ANNOUNCES AQUISITION OF TELEMONDO COMMUNICATIONS.
Telemundo Communications Group President and CEO Jim McNamara (R)
responds to a reporters question at a press conference announcing the
aquisition of Telemundo by NBC in New York on October 11, 2001. NBC, a
division of General Electric, agreed to buy 100% of the company in a
deal that values the company's equity at $1.98 billion. Bob Wright,
Vice Chairman of General Electric and Chairman and CEO of NBC (L) looks
on. REUTERS/Brad Rickerby
BR