The E.W. Scripps Company (SSP) announced that it received an unsolicited acquisition proposal from Sinclair, Inc. (SBGI). Scripps shareholders do not need to take any action at this time. Consistent with its fiduciary duties and in consultation with its legal and financial advisors, the company’s board of directors will carefully review and evaluate any proposals, including the unsolicited Sinclair proposal, to determine the course of action that it believes is in the best interests of the company and all of its shareholders as well as its employees and the many communities and audiences it serves across the United States. The company does not intend to comment further on Sinclair’s unsolicited proposal until the board has completed its review.
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