FINANCIAL | Comedian & Producer Byron Allen Buys The Weather Channel For $300M



Comedian and producer Byron Allen acquired the Weather Channel TV network in a $300 million deal.


Allen’s Entertainment Studios Inc. bought the network from Blackstone Group, Bain Capital and Comcast Corp., who purchased the Weather Channel in 2008 for about $3.5 billion.

Source: Bloomberg – http://ow.ly/uOZz30j6EVP

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