The E.W. Scripps Company board determines the Sinclair proposal is not in the best interests of the company and its shareholders
ScrippsScripps(US:SSP) Globenewswire·2025-12-16 21:45

The board remains open to all opportunities to maximize shareholder valueCINCINNATI, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The E.W. Scripps Company (NASDAQ: SSP) board of directors has unanimously decided to reject the unsolicited acquisition proposal submitted by Sinclair, Inc. on Nov. 24, 2025, to acquire all of the outstanding shares of Scripps that it does not already own for $7 per share in a mix of cash and stock. The Scripps board determined, following a careful review and evaluation in consultation with ...