Sinclair Eyes Acquisition of Remaining Scripps Shares Amid FCC Scrutiny
Sinclair Broadcasting is proposing a $7-per-share deal to buy out the remaining shares of The E.W. Scripps Company, increasing its stake in the company to 9.9%. The move comes as President Trump has expressed disapproval for the Federal Communications Commission’s plans to lift national broadcast ownership limits. Despite this, Sinclair CEO Christopher Ripley remains committed … Read more