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Aug 2, 2021 · LOS ANGELES, Aug. 2, 2021 /PRNewswire/ -- Byron Allen's Allen Media Group, LLC ( AMG ) has completed its $380 million cash acquisition of 10 local television stations in seven markets...
Jan 31, 2024 · Paramount Global’s stock price closed Tuesday at $13.68, down 7 cents. The privately held Allen Media Group owns the Weather Channel, 27 local TV stations in small and medium-sized markets...
Jan 31, 2024 · Allen Media Group is offering $21.53 per share for all of Paramount Global’s Class B nonvoting stock — a 57% premium over the Jan. 30 closing price of $13.68 — and $28.58/share for the...
- Todd Spangler
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Jan 31, 2024 · Allen offered $28.58 each for the voting shares of Paramount, a 50% premium to recent trading, and $21.53 for the non-voting shares, according to the people, who asked to not be identified...
Jan 31, 2024 · -0.36% PARAA. +0.31% Paramount Global shares rocketed Wednesday after Byron Allen’s media group said it’s offering to buy the company, confirming earlier reports. Allen Media Group is...
Jan 31, 2024 · January 31, 2024 @ 8:51 AM. Shares of Paramount climbed over 8% during Wednesday’s trading session after Allen Media Group founder Byron Allen made a $30 billion offer to acquire the media...
Jan 31, 2024 · Published January 31, 2024. PATRICK T. FALLON / AFP via Getty Images. Paramount Global ( PARA) stock jumped Wednesday after media entrepreneur Byron Allen offered $30 billion for the...