By Jamie L. LaReau The son of a Ford Motor Co. factory worker, Byron Allen had one ambition growing up: He longed for a lunch pail and a job at a Detroit factory just like his dad. "That was my dream," Allen said of his father's job at Ford's...
WHO: Byron Allen Emcee: Hollywood Chamber of Commerce Chair Nicole Mihalka Guest Speakers: TBA WHAT: Dedication of the 2,706th Star on the Hollywood Walk of Fame in the Category of Television WHERE: 1749 Vine Street at the famous corner of Hollywood & Vine WHEN: Wednesday, October 20, 2021 at 11:30 A.M. The Hollywood Chamber...
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By Jill Goldsmith Byron Allen’s Allen Media Group said Monday it’s elevated Mark Eisner to Senior VP of Content Distribution, Partnerships and Programming. Eisner’s previous title was Vice President of Content Distribution — a position he has held since first joining the company in 2016. In his new position, Eisner will...
By Jon Lafayette Byron Allen’s company now owns 32 station in 20 markets Byron Allen’s Allen Media Group said it completed the acquisition of WJRT-TV, Flint-Saginaw, Mich., from Gray Television for $70 million in cash. Allen has vowed to spend $10 billion buying stations to create one of the largest U.S....
By Jill Goldsmith Broadcaster TEGNA confirmed Tuesday that it’s received what would be a new round of acquisition proposals. It didn’t say from whom but Byron Allen’s group is said to be bidding, along with Apollo Global Management and Standard General with an $8 billion offer Tegna, which was spun off from...
Allen and Ares Management have submitted a joint bid for the company, which owns 64 local stations, as have Apollo and Standard General. By Alex Weprin TEGNA, the local TV company with some 64 stations in 51 markets, confirmed Tuesday that it has received multiple acquisition proposals. “Consistent with its...
By Reuters Staff Sept 21 (Reuters) - Tegna Inc confirmed on Tuesday it had received acquisition proposals and were being reviewed, after a report said private equity giant Apollo Global Management Inc and media entrepreneur Byron Allen had bid for the TV firm. On Tuesday, Bloomberg News...
By By Scott Deveau, Gerry Smith, and Liana Baker The broadcaster Tegna Inc. has received takeover interest from media mogul Byron Allen and private equity giant Apollo Global Management Inc., according to people familiar with the matter. Allen has teamed up with Ares Management Corp. to offer $23 per share, said one of the...
By Josh Kosman Apollo Global Management teamed with Standard General on Monday to make a binding bid that topped $8 billion for local TV station owner Tegna, sources close to the matter said. Tegna — spun off from newspaper giant Gannett in 2015 as a separate, publicly traded company...
