The board of E.W. Scripps (SSP) has unanimously rejected the merger proposal sent by Sinclair (SBGI), under which the latter intended to take over the smaller TV station operator in a hostile bid for ...
E.W. Scripps’ board rejected an unsolicited acquisition bid from Sinclair, which proposed buying the media company for $7 a share. The Cincinnati company said Tuesday its board voted unanimously ...
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 ...
Sinclair, the second-biggest U.S. TV station group owner, has proposed to acquire smaller rival E.W. Scripps Co. in its entirety, offering $7 per share for stock in Scripps that it does not already ...
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 ...
Hunt Valley-based Sinclair Inc. is considering a merger with The E.W. Scripps Co. and has acquired 8% of Scripps Class A common stock, Sinclair said Monday. Sinclair, one of the nation’s largest ...
The two companies held constructive talks about a potential deal in recent months but have yet to strike an agreement, Sinclair said. Sinclair’s stake was revealed in a regulatory filing, confirming ...
Maryland-based broadcaster Sinclair Inc. has acquired an 8.2% stake in Cincinnati-based E.W. Scripps Co. E.W. Scripps has signaled it is not open to a deal and will protect itself from opportunistic ...
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