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Dubai News Club > Tech > Byron Allen offers $10 billion to acquire ABC from Disney
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Byron Allen offers $10 billion to acquire ABC from Disney

Press Room
Last updated: 2023/09/15
Press Room
Published: September 15, 2023
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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 would work with banks and private equity firms to finance the deal.

Disney has yet to publicly acknowledge Allen’s offer. In a statement published earlier this week,…

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