Short Take:NBC network chief spends nearly $1.9 million for NBCi stock

NBC network chief spends nearly $1.9 million for NBCi stock Robert Wright, chief executive of General Electric's NBC broadcast network, spent almost $1.9 million to acquire a stake in NBC Internet, which he also leads as chairman. Wright acquired 30,000 NBCi shares by buying Xoom.com shares Nov. 17 and Nov. 29, according to a Schedule 13D filed with the Securities and Exchange Commission. NBCi includes the Snap.com Internet portal, which CNET, publisher of News.com, helped launch.

The story "Short Take:NBC network chief spends nearly $1.9 million for NBCi stock" published December 10, 1999 at 5:30 AM is no longer available on CNET News.

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The Space Shot
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Technically Incorrect
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Green Tech
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