Comcast's cable spinoff to be named Versant, picked to emphasize corporate versatility
1. Comcast's spinoff is named Versant, focusing on versatility and brand independence. 2. Versant will manage major cable networks and digital assets, generating $7 billion revenue. 3. The spinoff aims for acquisitions to enhance its growth and diversify beyond media. 4. Lazarus emphasizes shareholder returns, including a potential dividend post-spin. 5. Versant unlikely to acquire low-growth cable networks due to debt concerns.