Now Allen has offered $30 billion for Paramount Global...
From Variety
Byron Allen has entered the fray for Paramount Global, submitting a bid valued at $30 billion to buy out the company’s outstanding stock and existing debt.
The offer, first reported by Bloomberg News, comes from Allen Media Group and unnamed “strategic partners,” according to a statement from Allen Media Group.
“Mr. Byron Allen did submit a bid on behalf of Allen Media Group and its strategic partners to purchase all of Paramount Global’s outstanding sheres. We believe this $30 billion offer, which includes debt and equity, is the best solution for all of the Paramount Global shareholders, and the bid should be taken seriously and pursued,” Allen Media Group said.
A representative for Paramount Global declined to comment.
13 comments:
G’on, Allen. With that Allen would get the Paramount films, CBS, Showtime, BET, VH1, Pluto and more.
I think the only way he’ll get Paramount Global is with a hostile takeover. No way will they sell that to a bruh.
I wonder who’s helping him finance this. I bet Paramount is wondering, too.
When all gone realize all money is the same color if yall think folks turning down nicer cuz someone black then I got some air to sell you. They are accepting the highest and best offers it’s really that simple. Now what they not gone do is accept an offer from someone solely because they Black but the number don’t add up. Come on now
@ 5:51AM tell that to BILL COSBY.
No secret about Byron's money. Started out standup, began producing network tv prime time variety and quiz shows, next stop owning the Weather Channel. And at this point in history everybody's money is good. Cosby never had a financial package together to buy a network.
That brotha making big money moves. Yasssss. ✌️💯❤️❤️❤️❤️
They won’t be selling to him. If the sell doesn’t happen, you’ll know why.
@10.42,
Please learn the difference between sell and sale! Thanks!
Cosby had an investment group, just like Allen. Different people, different times.
He want yt left overs bad.
Byron, save your money. Hollyweird is on it's last legs, by the time all the child rapes, murders, trafficking, blood sacrifice
devil worship and all manner of filth and debauchery, has been fully exposed about hollyweird, ain't nobody going to spend coins on those child molesting devils, and new entertainment companies will have to be formed. Go sit down!!!
@12:11 Except that Byron has experience in running a network.
@8:39 thank you for telling me how he got all of his money
Byron better have kept his nose clean cuz THEY will try to Bill Cosby him. They will always give you enough rope to hang yourself until you no longer are useful to them.
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