​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 ...

Comcast’s Board of Directors approved the separation of the company’s cable television networks and complementary digital platforms from its remaining businesses to create an independent, publicly traded company called Versant Media Group in early January. The spinoff has been a year in the making and comes as the Philadelphia-based media giant is bidding to acquire the studio and streaming businesses of Warner Bros. Discovery amid a massive transformation of the media landscape. It will trade on the Nasda ...