Allen Family Capital buys 10.7% stake in Starz Entertainment for $25 million

Reuters

Mar 06

Allen Family Capital buys 10.7% stake in <a href="https://laohu8.com/S/STRZ">Starz Entertainment</a> for $25 million

Allen Family Capital, LLC acquired 1,803,786 common shares of Starz Entertainment Corp. (Nasdaq: STRZ) at $13.86 per share for total consideration of $25 million. The purchase increased Allen’s ownership from zero to approximately 10.7% of Starz’s issued and outstanding common shares, and Allen said it may adjust its position over time depending on performance and market conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STARZ Entertainment Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202603051708CANADANWCANADAPR_C1395) on March 05, 2026, and is solely responsible for the information contained therein.

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The purchase increased Allen’s ownership from zero to approximately 10.7% of Starz’s issued and outstanding common shares, and Allen said it may adjust its position over time depending on performance and market conditions.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STARZ Entertainment Corp. published the original content used to generate this news brief via CNW (Ref. 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