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  •  » Byron Allen's $30 Billion Bid To Buy Paramount Global

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    January 31, 2024 10:57 am  #1

    paterson1
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    Byron Allen's $30 Billion Bid To Buy Paramount Global

    Former stand up comedian and now media baron Bryon Allen is proposing a $30 billion buyout of Paramount Global.

    Paramount Global owns CBS and owned stations like KCBS, CBS Entertainment Group, MTV, Nickelodeon, Comedy Central, Paramount Network, various streamers like Paramount+ and many more. 

    The bid is for equity of Paramount Global and for all outstanding debt, which is around $15 billion.  More from Variety..https://variety.com/2024/biz/news/byron-allen-paramount-global-allen-media-group-1235892590/  

    Last edited by paterson1 (January 31, 2024 1:50 pm)

     

    January 31, 2024 11:26 am  #2

    Hansa
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    Re: Byron Allen's $30 Billion Bid To Buy Paramount Global

    Quite amazing for a guy who started out as a co-host of "Real People" in the 80s. Reminds me of Merv Griffin - another one-time minor celebrity who was able to become mega-rich.

     

     

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