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Scripps Board Unanimously Rejects Sinclair's $7 Per Share Acquisition Offer

Benzinga·12/16/2025 21:46:35
語音播報

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 its financial and legal advisors, that Sinclair's offer is not in the best interests of the company and its shareholders.