Sinclair Offers to Acquire E.W. Scripps for $7 per Share in Unsolicited Takeover Bid

Sinclair, the second-biggest U.S. TV station group owner, has proposed to acquire rival E.W. Scripps Co. in its entirety, offering $7 per share for stock in Scripps that it does not already own. Sinclair disclosed the takeover bid Monday in an SEC filing, and also said it has acquired a 9.9% stake in Scripps. Last […]