Byron Allen Earns Profit After Selling All the Starz Stock He Bought From Steven Mnuchin

Investor Byron Allen sold all 1.8 million Starz shares he bought from Steven Mnuchin, earning $44.9 million, about $20 million profit, according to an SEC filing on Thursday covering sales made in August and September 2026. The transaction was part of Allen Family Capital’s earlier 10.7% stake acquisition for $25 million.

Source: Byron Allen Earns Profit After Selling All the Starz Stock He Bought From Steven Mnuchin — Variety

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Topics: byronallen · starz · mnuchin · hollywood · stocks · business