The Chief Executive Officer (CEO) of a prominent media corporation is strategically pursuing the acquisition of a well-established broadcast network, along with a minimum of two additional outlets, in a substantial multi-billion dollar transaction.
According to a report on BET.com, Byron Allen, the Chief Executive Officer of Allen Media Group, has expressed interest in acquiring ABC, FX, and National Geographic from Disney. In pursuit of expanding his media empire, Allen has made a substantial offer of $10 billion.
The bid follows Disney’s recent announceme …