Immelt said the company had the resources to capitalize on bargains as it wades through the current economic downturn.
The comments are a sign that the economic crisis has not shaken General Electric’s confidence in NBC Universal, opines the FT.
“There are going to be some opportunities in media consolidation, in infrastructure, oil and gas, aviation,” Immelt said. “And my hope is that we can play in some of those as time goes on.”
- Jane Fonda Doesn't Want Murdoch to Buy Time Warner
- In Face of 'Capitalist' Criticism, Michael Moore Remains Silent for Now
- Newspaper Reporter Explains the Reasons for His Departure
- Weird Al's Early Jobs Included 'Accordion Repo Man'