E.W. Scripps Co. - Ordinary Shares - Class A

NASDAQ:SSP   3:59:54 PM EDT
10.24
-0.18 (-1.73%)
Other Pre-Announcement, Mergers / Acquisitions

E. W. Scripps Creates National Television Networks Business With Acquisition Of ION Media

Published: 09/24/2020 11:42 GMT
E. W. Scripps Co (SSP) - Scripps Creates National Television Networks Business With Acquisition of Ion Mediae W. Scripps Co - Deal for For $2.65 Billione W. Scripps Co - Deal for $2.65 Billione W. Scripps Co - Berkshire Hathaway to Invest in Scrippse W. Scripps Co - Berkshire Hathaway to Invest in Scrippse W. Scripps Co - Berkshire Hathaway Will Make a $600 Million Preferred Equity Investment in Scripps to Finance Transactione W. Scripps Co - Sees Synergies of About $500 Million Over Six Years, Reaching a Run Rate of About $120 Million a Year From Deale W. Scripps Co - Berkshire Hathaway Also Will Receive a Warrant to Purchase Up to 23.1 Million Class A Shares, at an Exercise Price of $13 per Sharee W. Scripps Co - Highly Accretive, Transaction Will Double Scripps EBITDAe W. Scripps Co - Transaction is Expected to Be Financed With $1.85 Billion of Secured and Unsecured Debte W. Scripps Co - Combination of Ion, Katz and Newsy is Expected to Produce Run-rate Synergies That Reach As Much As $120 Million a Yeare W. Scripps Co - Deal Requires Federal Communications Commission Approval; Hart-scott-rodino Clearancee W. Scripps Co - Scripps Will Divest of 23 Ion Stationse W. Scripps Co - Proposed Divestitures Will Allow Merged Company to Fully Comply With Fcc Local and National Ownership Regulationse W. Scripps Co - Agreed to a Transaction With a Buyer, Who Has Agreed to Maintain Ion Affiliations for Stations.