Byron Allen's Allen Media Broadcasting will bid WFAA-TV

[dannybfromnotthtexas]

Byron Allen's Allen Media Broadcasting will bid WFAA-TV and rest TEGNA Station.

Byron Allen Gets More Backing for His Bid for Broadcaster Tegna

Byron Allen has shored up more investors to back his $23-a-share takeover offer for television broadcaster Tegna Inc., according to people familiar with the matter.

www.bloomberg.com

 

[Will_H_69_9]

why him and not Disney to complete Dallas having all big 4 networks have O&O stations in the market

 

[Ccook55]

Disney's not in it to own TV stations. They're in it to make princess movies and to sell Baby Yoda merchandise.

 

[dannybfromnotthtexas]

Breaking News: Allen Media Broadcasting raising $10 Billion to buy TEGNA with debt.

Media mogul Byron Allen raises $10 billion for Tegna bid, debt refinancing -sources

Media entrepreneur Byron Allen has raised $10 billion in preferred equity and debt for his bid for U.S. regional TV station operator Tegna Inc , hoping to prevail over a rival offer from investment firms Apollo Global Management Inc and Standard General LP, people familiar with the matter said.

www.reuters.com

 

[Y2kTheNewOldies]

Disney's not in it to own TV stations. They're in it to make princess movies and to sell Baby Yoda merchandise.

And retrans fees from their apps over sports rights too.