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 ...
E.W. Scripps received an unsolicited acquisition bid from Sinclair SBGI-0.52%decrease; red down pointing triangle and said it would carefully review and evaluate the proposal. Last week, Sinclair ...
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 ...
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 ...
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 ...
If Sinclair, owners of WKRC-TV, is successful in a merger with Scripps, the legacy media company which owns WCPO-TV, Cincinnati could see one less TV newsroom. Sinclair, the nation’s third-largest TV ...
Sinclair Inc. acquired a stake in EW Scripps Co. and said it’s pursuing an acquisition of the fellow local-TV station owner. Sinclair purchased an 8.2% stake in the company’s Class A shares for about ...
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 ...
Major local TV station owner Sinclair Inc. says it has been conducting merger talks for several months with rival E.W. Scripps. In an SEC filing, the company said it had acquired 8% of Scripps Class A ...
Sinclair disclosed the talks in an SEC filing Monday. By Alex Weprin Senior Editor Another major deal for local TV stations may be brewing, with Sinclair Broadcast Group (and its 185 or so local ...
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