Entertainment · 6 views
Byron Allen Sells His Stake in Starz
The media mogul has sold his entire 10.7 percent take in the pay-TV and streaming company that spun out from Lionsgate last year.
Summary
The media mogul has sold his entire 10.7 percent take in the pay-TV and streaming company that spun out from Lionsgate last year. Allen had acquired his stake through his family office from former Treasury Secretary Steve Mnuchin’s Liberty 77 investment fund earlier this year, paying $25 million for the shares.
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