Scripps completes sale of WFTX in Fort Myers-Naples to Sun Broadcasting [Yahoo! Finance]
E.W. Scripps Company (The) - Class A (SSP)
Last e.w. scripps company (the) - class a earnings: 11/8 07:30 am
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Source: Yahoo! Finance
Scripps Company (NASDAQ: SSP) closed today on the sale of WFTX, its Fox-affiliated station in Fort Myers, Florida, to Sun Broadcasting for $40 million. Scripps intends to use cash from the sale to pay down debt and strengthen its balance sheet, Scripps President and CEO Adam Symson said. The completion of the WFTX sale is part of a series of recent transactions by Scripps to optimize its local television portfolio. In October, the company announced an agreement to sell WRTV , its ABC-affiliated station in Indianapolis, to Circle City Broadcasting for $83 million. That sale has received FCC approval and is expected to close in the coming weeks. Last July, Scripps announced it had agreed to swap stations in five mid-sized and small markets with Gray Media . That transaction, which requires relief from current television station ownership rules, is now in front of federal regulators for review. Investor contact: Carolyn Micheli, The E.W. Scripps Company, (513) 977-3732, carolyn.mic
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News
- Scripps agrees to purchase WTVQ in Lexington, Kentucky, from Morris Network, Inc. for $15.8 million [Yahoo! Finance]Yahoo! Finance
- Scripps agrees to purchase WTVQ in Lexington, Kentucky, from Morris Network, Inc. for $15.8 millionGlobeNewswire
- E.W. Scripps (SSP) was downgraded by Zacks Research from "hold" to "strong sell".MarketBeat
- Scripps completes sale of WFTX in Fort Myers-Naples to Sun BroadcastingGlobeNewswire
- E.W. Scripps (SSP) had its price target raised by Benchmark Co. from $8.00 to $10.00. They now have a "buy" rating on the stock.MarketBeat
SSP
Earnings
- 2/25/26 - Miss
SSP
Sec Filings
- 3/4/26 - Form 4
- 3/4/26 - Form 4
- 3/4/26 - Form 4
- SSP's page on the SEC website