OSAKA – U.S. media giant and cable operator Comcast Corp. confirmed Monday it will buy a 51 percent stake in USJ Co., operator of the Universal Studios Japan theme park in Osaka, for about $1.5 billion (¥180.42 billion).
It is Comcast’s biggest overseas investment, as the largest U.S. cable operator seeks international growth after being stymied in its bid to acquire its second-largest competitor Time Warner Cable Inc.
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