Comcast Completes Versant Media Group Spin-Off

Reuters
2026.01.05 12:01
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Comcast Corporation has successfully spun off Versant Media Group, Inc. into an independent public company, which began trading on Nasdaq under the ticker symbol VSNT on January 2, 2026. Shareholders received one share of Versant for every 25 shares of Comcast held as of December 16, 2025. The transaction was advised by Goldman Sachs, Morgan Stanley, and PJT Partners, with legal counsel from Davis Polk & Wardwell LLP.