GE CEO Immelt said he is interested in buying media assets

A sign that the co isn't considering a spin of its NBC Universal unit. Mr Immelt's stated willingness to expand his media business comes as Vivendi, which owns 20 per cent of NBCU, neared its annual window to exercise a put option that would force GE to buy back the stake. In spite of repeated statements by GE executives that they would not sell NBCU, some investors and industry insiders remain convinced that Vivendi might trigger the put just to force GE's hand on its commitment to the media company. People close to Vivendi and GE said the two companies' estimated value of NBC Universal remained far apart, complicating either an exercise of the put option or even a bid for a larger stake. [Financial Times]