Disney reportedly held talks about selling ABC. “Sources tell Bloomberg that the talks between Nexstar and Disney are still early and that a price hasn’t yet been named. Another source tells the outlet that Disney is also considering selling ABC to Byron Allen, the CEO of Entertainment Studios, which owns several stations, such as The Weather Channel.”
Update: Mogul Byron Allen makes $10 billion bid for Disney’s ABC, other networks.
See also Insider selling at extreme highs suggests potential disappointing corporate earnings ahead.
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