Tech
Xoom shareholders give thumbs up to NBCi deal
Shareholders of Xoom.com on Wednesday approved a previously announced deal by which the company will become part of a new firm that also combines affiliates of NBC; CNET and Snap named NBCi.
Shareholders of Xoom.com on Wednesday approved a previously announced deal by which the company will become part of a new firm that also combines affiliates of NBC; CNET and Snap named NBCi. Upon completion of the NBCi transactions, NBC is expected to own a 47.3 percent stake. XOOM.com stockholders are expected to own a 38.8 percent stake and CNET is expected to own a 13.8 percent stake in NBCi.