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0 -0.00134408602150535 0 -0.00403225806451616 -0.00806451612903221 -0.0174731182795699 -0.0228494623655914 -0.0295698924731182
Stock impact report

Sinclair Provides Update on Merger Proposal Discussions with The E.W. Scripps Company [Yahoo! Finance]

E.W. Scripps Company (The) - Class A (SSP) 
Last e.w. scripps company (the) - class a earnings: 11/8 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Commission ("SEC") the full text of letters exchanged between the Company and The E.W. Scripps Company (Nasdaq: SSP) ("Scripps"). Sinclair issued the following statement: "Over the last few weeks, Sinclair has continued to reinforce to Scripps its willingness to engage on a proposed Sinclair-Scripps combination. Scripps has refused the invitations to speak with its single largest shareholder and instead has stated its preference to execute its standalone plan. Our last proposal to Scripps represents a premium of more than 240% over Scripps' unadjusted share price, while the cash portion alone represents a 32.7% premium over the unadjusted share price. We believe this proposal is attractive to Scripps' shareholders and, at a minimum, is worthy of engagement. As we evaluate our options, the previously announced strategic review of Sinclair's Broadcast business and work related to the separation of Ventures will continue. Our Board and management team are committed to unlocking the ful Show less Read more
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