Byron Allen Offers Disney $10 Billion for ABC, FX, National Geographic, and Local Stations
CEO of Entertainment Studios Byron Allen has offered The Walt Disney Company $10 billion to purchase ABC, FX, National Geographic, and local stations, Bloomberg reports. Bloomberg’s source, “a person familiar with this proposal,” says it is a preliminary offer that could change. Allen based the offer on the assumption that the channels generated $1.25 billion … Read more