Mogul Byron Allen makes $10b bid for Disney's ABC, other networks

Mogul Byron Allen makes $10b bid for Disney's ABC, other networks

FILE PHOTO: The logo of the Disney store on the Champs Elysee is seen in Paris, France, March 3, 2016. REUTERS/Jacky Naegelen/File Photo

Media entrepreneur Byron Allen has made a $10 billion bid to buy Walt Disney’s ABC television network and assets including the FX and National Geographic cable channels, a spokesperson for Allen said on Friday.