Scripps' Board Approves "Poison Pill" in Response to Sinclair's Buyout Offer.
ByAinvest
Wednesday, Nov 26, 2025 10:19 am ET1min read
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Scripps' board approves 'poison pill' after Sinclair's buyout offer at $7 per share. The move aims to prevent Sinclair from acquiring the company without paying a higher price. Scripps will now issue shareholder rights to existing investors, allowing them to buy additional shares at a discounted price if Sinclair acquires more than 10% of the company's shares.
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