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Byron Allen Just Added 7 More TV Stations to His Repertoire of TV Stations
Byron Allen at the 2018 BLACK ENTERPRISE Entrepreneurs Summit (Image: BLACK ENTERPRISE)
The Bryon Allen train doesn’t seem to stop. As he continues to add to his growing empire of television stations and properties across the United States, the entrepreneurial comedian has just acquired seven more!
According to Gray Television, the company has reached an agreement with Bryon Allen‘s Allen Media Group to acquire seven television stations for $380 million in cash.
“I truly appreciate Gray and Quincy, two of the best broadcast groups in the business, working with us to acquire and transfer these amazing assets. Over the past year-and-a-half, we’ve invested close to $1 billion to acquire best-in-class, top-tier, broadcast network affiliates,” said Byron Allen, founder, chairman, and CEO of Allen Media Group in a written statement. “We plan to invest approximately ten billion dollars to acquire mor