Scripps Rejects Sinclair’s Unsolicited Acquisition Offer

The board of E.W. Scripps Co. unanimously rejected the unsolicited acquisition proposal submitted by Sinclair, the second-biggest U.S. TV station owner group, Scripps announced Tuesday. Sinclair on Nov. 24 had offered $7 per share (in a mix of cash and stock) for stock in Scripps that it does not already own; it previously had acquired […]