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Comcast Buys 51% Stake in Universal Studios Japan

Comcast Corp. will acquire a 51 percent stake in Japanese theme park Universal Studios Japan for $1.5 billion. The transaction provides that CEO Glenn Gumpel will step down to be replaced by Jean-Louis Bonnier. He has served as CFO for Universal Parks and Resorts since 2005. http://variety.com/2015/biz/asia/comcast-buying-stake-in-universal-studios-japan-1201603669/ #EntertainmentBiz

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