Allen Family Capital completed the acquisition on Thursday (Mar. 5), less than a year after Starz became an independent company.

Byron Allen has acquired a 10.7% stake in Starz, paying $25 million for 1.8 million shares in the entertainment company.

Starz Entertainment Corp. (NASDAQ:STRZ) shares rose 4.7% Friday after Allen Family Capital disclosed it acquired a 10.7% stake in the streaming and cable network company. Allen Family Capital, the ...

By Robert Hill Media mogul Byron Allen has acquired a 10.7% stake in the entertainment company Starz, purchasing 1.8 million shares for $25 million. The investment comes as Starz continues to operate ...