Comcast Corporation’s (CMCSA) Board of Directors Approves the Formation of Versant Media Group

​Comcast Corporation (NASDAQ:CMCSA) is one of the Cheap NASDAQ Stocks to Buy Now. On December 3, Comcast Corporation (NASDAQ:CMCSA) announced that its Board of Directors had approved the separation of cable television networks and complementary digital platforms from its remaining businesses. This will result in the creation of a new independent publicly traded company called Versant Media Group, Inc. ​Management noted that the separation will be achieved through pro rata distribution of 100% of the outst ...