Entertainment

Sinclair Takeover Proposal Rebuffed By E.W. Scripps Board

December 17, 2025

E. W. Scripps' board has unanimously rejected an unsolicited takeover bid from Sinclair Inc., which offered $7 per share for the remaining stock. The decision followed Sinclair's acquisition of an 8.2% stake in Scripps, with the board asserting the proposal was not in the best interests of shareholders or employees.

Credit: Deadline

Key Highlights

E. W. Scripps' board rejected Sinclair's takeover bid unanimously.
Sinclair offered $7 per share in cash and stock for Scripps' remaining stock.
Sinclair had previously acquired an 8.2% stake in Scripps.
Scripps' board emphasized their commitment to shareholders and employees.
Sinclair is the second-largest TV station owner group in the U. S.

News Mergers and acquisitions E.W. Scripps local TV Sinclair E.W. Scripps Co.Scripps

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Sinclair Takeover Proposal Rebuffed By E.W. Scripps Board

Key Highlights

Sources

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