Publishing & Printing M&A » By The Online Investor Staff, updated Sat., Apr. 20, 6:15 AM
Recent mergers and acquisitions in the Publishing & Printing M&A category.
Slide #17. The E.W. Scripps Company — Detroit MyNetworkTV affiliate WMYD and Buffalo, N.Y., ABC affiliate WKBW
Acquirer: |
The E.W. Scripps Company (NASDAQ:SSP) |
Acquiree: |
Detroit MyNetworkTV affiliate WMYD and Buffalo, N.Y., ABC affiliate WKBW |
Details: |
The E.W. Scripps Company (NYSE: SSP) has agreed to acquire two television stations owned by Granite Broadcasting Corp. Detroit MyNetworkTV affiliate WMYD and Buffalo, N.Y., ABC affiliate WKBW for $110 million in cash. |
Scripps (E.W.) is a media enterprise with interests in local and national media brands. Co.'s media businesses are organized into the following reportable business segments: Local Media, Scripps Networks and Other. Co.'s Local Media segment is comprised of its local broadcast television stations and their related digital operations. Co. produces news, information and entertainment content that informs and engages its local communities. Co. distributes its content on multiple platforms, including broadcast, digital, mobile, social and over-the-top. Co.'s Scripps Networks segment is comprised of ION, Bounce, Court TV, Grit, ION Mystery, Laff, Newsy and recently launched, Defy TV and TrueReal.
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Company Name: |
Scripps (EW) Company (The) |
Stock buyback: |
SSP buyback |
Website: |
www.scripps.com |
Sector: |
Television & Radio |
Number of ETFs Holding SSP: |
28 |
Total Market Value Held by ETFs: |
$29.57M |
Total Market Capitalization: |
$233.00M |
% of Market Cap. Held by ETFs: |
12.69% |
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April 20, 2024 6:15 AM Eastern
Buy (3.00 out of 4)
100th percentile
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