Byron Allen Makes $10B Bid to Buy ABC Networks

[The BasedFather]

Says he bid $10b but his net worth is $900 million?

 

[ORDER_66]

Says he bid $10b but his net worth is $900 million?

It's not just him who put the money up...

 

[↓R↑LYB]

he got a white wife and offbrand kids so they give him a pass

The shyt y'all nikkas come up with

 

[Big Mountain Hélà]

This is just a foot in the door. Sure, he is black, but his wife is white, his kids are mixed and they will date and have white kids also, his money and empire isn't going into black hands or black people who need an identity in ownership in today's modern world.

What would be "great" and "awesome" is a black man with black woman woman and black kids owning a major outlet. Not a black man with a white mom, or a black man with a white wife, or a black man with a mixed wife. Black man with black parents married to a black woman with black parents, who have black children, no one gay, no one adopted, no one foreign, no one mixed. Then we can say we got here on our own without assistance. Then if they divorce or one of them dies, or the legacy gets passed it can stay black and not end up in the hands of someone white (again).

https://www.thecoli.com/threads/former-nfl-breh-shows-why-black-generational-wealth-doesnt-last-for-generations.995675/

 

[The Intergalactic Koala]

Like trying to get the deed to a abandoned crackhouse that used to have the block jumping in the 90s.

Cable is a dying source, ABC did not succeed beyond the streaming era like NBC (Peacock), CBS (Paramount network), and even Fox. When the mouse don't want to fukk with you...maybe just maybe, media as we know is going through a critical revelation that is unseen to the human eye.

 

[↓R↑LYB]

Says he bid $10b but his net worth is $900 million?

It's not just him put the money up...

Is it surprising that he raised funding? Elon Musk raised billions to buy Twitter. No business acquisition of that size is funded by 1 person, it wouldn't even make business sense.

Explainer: How Elon Musk funded the $44 billion Twitter deal

Elon Musk on Thursday closed the $44 billion deal announced in April to take Twitter Inc private and took ownership of the influential social media platform by firing top executives immediately.

www.reuters.com

Musk pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covered the $44 billion price tag and the closing costs. Banks, including Morgan Stanley (MS.N) and Bank of America Corp (BAC.N), committed to provide $13 billion in debt financing.

Experts have said commitments from banks to the deal were firm and tight, limiting their ability to walk away from the contract despite the prospect that they may face major losses.


Musk's $33.5 billion equity commitment included his 9.6% Twitter stake, which is worth $4 billion, and the $7.1 billion he had secured from equity investors, including Oracle Corp (ORCL.N) co-founder Larry Ellison and Saudi Prince Alwaleed bin Talal.

That had left Musk in need for an additional $22.4 billion of funds to cover the equity financing portion of the deal.

 

[Buddy]

Yall remember when Yvette Carnell and Tone Talks were ringing the alarms about how we gotra back Byron Allen's Supreme Court case? And then he settled and never mentioned then again? And they never mentioned him either?

@Tair @℃ertifed

 

[Tair]

Yall remember when Yvette Carnell and Tone Talks were ringing the alarms about how we gotra back Byron Allen's Supreme Court case? And then he settled and never mentioned then again? And they never mentioned him either?

@Tair @℃ertifed

Hate on Black people that were just trying to help other Black folk, brehs.

 

[☑︎#VoteDemocrat]

Yall remember when Yvette Carnell and Tone Talks were ringing the alarms about how we gotra back Byron Allen's Supreme Court case? And then he settled and never mentioned then again? And they never mentioned him either?

@Tair @℃ertifed

I lowkey peeped game when he KEPT doing this.

Byron's pump faking and PR announcements are fatiguing. Dude keeps putting the cart before the horse.

 

[Michael's Black Son]

They won’t let him sniff it especially when they can easily sell to 20 other yakubs

 

[ORDER_66]

Is it surprising that he raised funding? Elon Musk raised billions to buy Twitter. No business acquisition of that size is funded by 1 person, it wouldn't even make business sense.

Of course i was just pointing this out...

 

[3rdWorld]

So Diddy and Jay Z are the true black people? They married to black women with black children.

Jay Z basically told black people that we need to stop complaining and get off the NFL neck for their racism while they still being racist today. He did that just because he wanted to get a contract for his company.

And we ain't gon even get into Diddy.

I find this gate keeping of black to be interesting.

And I'm totally against interracial marriage. But im not about to say that man ain't black. I don't know his life and I don't know of any instances when he has c00ned to try to get ahead.

If he a c00n for having a white woman, then 95% of the coli is c00ns for lusting after white women 24/7.

My Brother they're all c00ns..some Grade A, Some Grade C, but c00ns nonetheless.

 

[3rdWorld]

Dude be making some real power moves.

Power moves would be him building from the ground up rather than buying into someone else's creation.
He's moving like a Jew..not that he's isn't a serious businessman but it's unusual for a Black man to buy in rather than build his own vision.

 

[Ozymandeas]

ABC what?

I know he not talking about ABC ABC

 

[TELL ME YA CHEESIN FAM?]

His paper not long enough
10Billion bid means he has partners with deeper pockets