Deals
Byron Allen Says He’s Interested in Tegna, Sees No Financing Issues
- Tegna terminated its proposed buyout by Standard General
- Allen is rooting for black ownership for BET Media Group
Byron Allen
Photographer: Patrick T. Fallon/AFP/Getty Images
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Byron Allen, TV producer and media mogul, signaled he’s interested in potentially acquiring Tegna Inc. after the company’s proposed buyout by hedge fund Standard General LP fell apart.
“It’s more challenging, but there’s a way to get a deal done of that size,” he said on Bloomberg Television Tuesday. “It’s key to be clear with regulators of what you want to do. I don’t think we will have an issue there whatsoever.”