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Sinclair offers $7/share to acquire Scripps in unsolicited bid.
Sinclair Broadcast Group has made an unsolicited offer to acquire E.W.
Scripps Company at $7 per share, presenting what it calls an "actionable" merger proposal to Scripps' board.
The bid marks Sinclair's attempt to expand its media footprint through a potential takeover of the broadcast and digital media company.
The move comes amid growing consolidation in the U.S. broadcasting industry.
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Sinclair ofrece $ 7 / share para adquirir Scripps en una oferta no solicitada.