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BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) (the “Company” or “Sinclair”) today made the following statement in response to The E.W. Scripps Company’s (Nasdaq: SSP) (“Scripps”) rejection ...
Kim Williams, the chair of Scripps’ board, said in a statement, “The board is committed to acting in the best interests of all Scripps shareholders as well as the company’s employees and the many ...
Local TV station owner E.W. Scripps said Tuesday that its board of directors has rejected an unsolicited takeover bid by larger rival Sinclair Inc. Scripps, whose assets also include the Ion broadcast ...
U.S. broadcaster Sinclair has offered to buy E.W. Scripps in a cash-and-stock deal that values its smaller rival at $538 million, as cord-cutting and competition from streaming services lead to ...
This is read by an automated voice. Please report any issues or inconsistencies here. Sinclair Broadcast Group has made an unsolicited $7-per-share bid for E.W. Scripps, valuing the TV station owner ...
Nov 24 (Reuters) - (This Nov 24 story has been corrected to say that the deal values Scripps at $622 million, not $538 million, in paragraph 1) Sign up here. The bid, disclosed in a regulatory filing ...
Following last week’s disclosure that it had acquired a 8.2% stake in E.W. Scripps, Sinclair has filed papers with the Securities and Exchange Commission proposing to buy the Cincinnati-based station ...
Both companies have media holdings in Michigan, but Channel 7 would be a big prize. While the Scripps statement didn’t rebuff Sinclair, it also didn't welcome a deal, either. A potential deal also ...
Scripps Broadcasting president and CEO Adam Symson told employees Monday that a takeover by rival Sinclair Broadcasting is far from a done deal, even after Sinclair announced it had purchased more ...
This is read by an automated voice. Please report any issues or inconsistencies here. Sinclair Inc. has bought an 8% stake in E.W. Scripps and disclosed plans for a potential merger amid a wave of ...