Comcast Denies It Has Deal to Buy NBC Universal.

Comcast, the largest U.S. cable service provider, denied a Web report on Wednesday that it had struck a deal to buy media conglomerate NBC Universal for $35 billion.

But Comcast, which normally does not comment on takeover rumors, stopped short of quashing widespread speculation that it was interested in NBC Universal, which is owned by General Electric and Vivendi SA

When asked if it was looking at NBC Universal, a Comcast spokesperson declined comment.

The Wrap.com reported late on Wednesday that bankers for both sides had "completed" or hammered out a $35 billion deal at a Tuesday meeting in New York.

It cited executives familiar with the meeting in its report.

"While we do not normally comment on M&A rumors, the report that Comcast has a deal to purchase NBC Universal is inaccurate," Comcast said in a statement. GE, NBC Universal and Vivendi declined to comment. GE, which owns 80 percent of NBC Universal, is said to be pondering its options for the fourth-place TV network and ailing movie studio as its partner, Vivendi, draws closer to a decision on whether to unload its 20 percent stake.

- Via CNBC