Comcast's (Nasdaq:CMCSA) NBCU (NYSE:GE) Deal Pushed OUt to 2011

The attempt by Comcast (Nasdaq:CMCSA) to acquire NBCU from General Electric (NYSE:GE) won't happen in 2010, said the cable giant, as the regulatory process has bogged down and they'll have to wait for the deal to close in 2011.

There's really nothing surprising about this, although if there had been a 2010 deal, it probably would have given Comcast's share price a nice boost.

Originally the deal was expected to close before the end of the year, but as time dragged on it was obvious that wasn't going to happen.

Comcast said, "We have notified our transition teams that there will not be a December 31 closing. We believe the regulatory review puts us on track for a closing in January 2011."

Comcast closed Wednesday at $22.20, down $0.05, or 0.22 percent.