Byron Allen Makes $14B Offer to Buy Paramount Global
THR, Esq. 2024-01-31
Summary:
Byron Allen is making a play for Paramount. The comic-turned media mogul has made a $14.3 billion offer to buy all outstanding shares Paramount Global, according to a statement from Allen’s company. The deal would also see Allen Media Group assume Paramount’s roughly $15 billion debt load, valuing the shares at about a 50% premium […]