Your email has been successfully added to our mailing list.

×
0 -0.00226244343891398 -0.00565610859728495 -0.0155542986425339 -0.016968325791855 -0.0325226244343891 -0.0356334841628959 -0.0373303167420815
Stock impact report

E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger [MSNBC.com]

Sinclair Broadcast Group, Inc. - Class A (SBGI) 
Last sinclair broadcast group, inc. - class a earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: sbgi.net/investor-relations
Company Research Source: MSNBC.com
SinclairstakeE.W. ScrippsSinclair, which acquired a roughly 8% position in Scripps, per the filing, recentlylaunchedIn the filing, Sinclair said it has been engaged in "constructive" discussions regarding a deal and believes if it were to reach an agreement that a transaction could be completed within nine to 12 months.Sinclair said in the filing that based on trading multiples there would be an expected $300 million in synergies if a merger were to take place.Scripps' stock rose more than 40% on Monday, while Sinclair's stock was up 7%.Sinclair, which acquired the stake for about $15.6 million, declined to comment beyond the SEC filing on Monday.In a statement on Monday Scripps said its board "will take all steps appropriate to protect the company and the company's shareholders from the opportunistic actions of Sinclair or anyone else.""Scripps' board of directors and management are focused on driving value for all of the company's shareholders through the continued execution of its Show less Read more
Impact Snapshot
Event Time:
SBGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SBGI alerts
Opt-in for
SBGI alerts

from News Quantified
Opt-in for
SBGI alerts

from News Quantified