Your email has been successfully added to our mailing list.

×
0.00254291163382078 0.00254291163382078 0.00190718372536562 0.00762873490146224 0.00890019071837257 0.00890019071837257 0.00890019071837257 0.00890019071837257
Stock impact report

Broadcast giant Sinclair makes bid to buy out EW Scripps for $7 per share [Globe and Mail, The (Toronto, Canada)]

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
Under the proposal, which Sinclair disclosed Monday, the broadcast giant would acquire all of Scripps' outstanding shares that it doesn't already own. Sinclair has already upped its stake in Scripps recently — accounting for nearly 10% of the company's class A common stock as of Nov. 17, per regulatory filings. The proposed $7 per share price tag would consist of both cash and stock. If approved, the deal would give Scripps' shareholders about a 12.7% stake of the combined company upon closing. Sinclair is requesting a response from Scripps by Dec. 5. “We are submitting an updated, actionable merger proposal,” Sinclair CEO Christopher S. Ripley wrote in a letter to Scripps' board. He said the deal would “strengthen local journalism” and “position the combined company and employees for long-term success.” Ohio-based Scripps acknowledged that it had received an “unsolicited acquisition proposal” from Sinclair on Monday. The company said its board would review it like any other 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