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Sinclair Proposes $7 Per Share Acquisition of Scripps

11/25/2025

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Summary

Story summary

Sinclair Broadcast Group has offered to acquire E. W. Scripps Co. for $7 per share, comprising $2.72 cash and $4.28 in Sinclair stock.
The proposal follows Sinclair's stake increase to 9.9% from 8.2%, with Sinclair asserting the deal can proceed under existing FCC rules despite talks to lift the 39% cap.
Scripps confirmed receipt.
Scripps must respond by December 5, 2025.

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Story summary

Sinclair Broadcast Group has offered to acquire E. W. Scripps Co. for $7 per share, comprising $2.72 cash and $4.28 in Sinclair stock.
The proposal follows Sinclair's stake increase to 9.9% from 8.2%, with Sinclair asserting the deal can proceed under existing FCC rules despite talks to lift the 39% cap.
Scripps confirmed receipt.
Scripps must respond by December 5, 2025.