Comcast Corp Approves Separation of Versant Media Group
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On December 3, 2025, Comcast Corp announced the approval of the separation of Versant Media Group as an independent company.
Key Highlights:
- Separation involves pro rata distribution of Versant shares to Comcast shareholders.
- Shareholders to receive one Versant share for every 25 Comcast shares held.
- Distribution expected to complete after Nasdaq trading on January 2, 2026.
- Versant to trade independently on Nasdaq under the symbol "VSNT".
- Comcast retains no ownership in Versant post-separation.
Original SEC Filing: COMCAST CORP [ CMCSA ] - 8-K - Dec. 03, 2025
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