Allen Family Capital Acquires 1.8M Common Shares Of Starz Entertainment At Purchase Price Of $13.86 Per Common Share For $25M
Benzinga Newsdesk 8 months ago
M&A
Allen Family Capital, LLC ("Allen") announces that on March 5, 2026, Allen acquired 1,803,786 Common Shares of Starz Entertainment Corp. ("Starz") (NASDAQ:STRZ) at a purchase price of $13.86 USD per common share for
Allen Family Capital, LLC ("Allen") announces that on March 5, 2026, Allen acquired 1,803,786 Common Shares of Starz Entertainment Corp. ("Starz") (NASDAQ:STRZ) at a purchase price of $13.86 USD per common share for aggregate consideration of $25 million USD (the "Acquisition").
Immediately prior to the Acquisition, Allen did not beneficially own or exercise control over any Common Shares of Starz. Following the completion of the Acquisition, Allen beneficially owns or controls 1,803,786 Common Shares representing approximately 10.7% of Starz's issued and outstanding Common Shares.