Comcast Spinoff Versant Debuts at Modest Valuation, a Signal for a Warner Bros. Sale

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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Comcast Spinoff Versant Debuts at Modest Valuation, a Signal for a Warner Bros. SaleBy Andrew BaryShareResizeReprintsVersant, the cable networks spinoff from Comcast, debuted on Monday. (Michael Nagle/Bloomberg)Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion. The stock was up 7.3% at $49 in early trading on Tuesday.
