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November 25, 2025
NEW YORK (AP) — Broadcast giant Sinclair has submitted a bid to buy out E.W. Scripps for $7 per share, in a deal that could bring further consolidation across America's local TV news landscape.
The proposal, disclosed Monday, involves acquiring all of Scripps' outstanding shares. Sinclair already owns nearly 10% of Scripps' class A common stock. If approved, Scripps' shareholders would receive a 12.7% stake in the combined company.
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