Media mogul Byron Allen offers $10 billion to acquire ABC from Disney

Allen Media Group Upfront Presentation Allen is set to appear on stage at the Code conference starting on September 26th. | Photo by Chance Yeh/Getty Images for Allen Media Group / The Weather Channel

Comedian and media mogul Byron Allen has reportedly made a $10 billion offer to acquire the ABC TV network, FX and National Geographic cable channels, and local stations from Walt Disney, according to a report from Bloomberg. The publication’s source claims that the offer is “preliminary and could change,” and that Allen woul...

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