Sinclair Makes Unsolicited Acquisition Proposal to E.W. Scripps for $7.00 per Share, Shares Jump 6.9%
ByAinvest
Monday, Nov 24, 2025 5:12 pm ET1min read
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E.W. Scripps (SSP) stock surged 6.9% after receiving a $7.00 per share acquisition proposal from Sinclair, Inc. The offer, consisting of $2.72 in cash and $4.28 in Sinclair common stock, represents a 200% premium over the 30-day average price. Scripps confirmed it received the proposal and will review it with legal and financial advisors. The shares closed at $4.45, up 8% from the previous close.
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