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 ...
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 ...
There may never be a better time to buy a local TV company. Amid broad promises of deregulation by the Trump administration, the Federal Communications Commission is moving to loosen long-held ...
E.W. Scripps is not loving the latest move by larger rival Sinclair, which revealed earlier Monday that it acquired an 8.2% stake in the smaller broadcaster on the open market and wants to own it as ...
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 ...
Sinclair reported better-than-expected Q3 results but faces ongoing secular headwinds from cord-cutting and a challenging advertising environment. SBGI's strong cost discipline drove an EBITDA beat, ...
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Two major TV station owners, Sinclair Broadcasting and Nexstar Media Group, announced on Friday that they are returning "Jimmy Kimmel Live!" to their ABC stations, ending the preemption of the ...