E.W. Scripps soars after Sinclair builds stake

Sinclair

17/11/2025 17:04

** Shares of broadcaster E.W. Scripps  SSP.O  jumped 44.6% to $4.425

** SSP rallies after Sinclair  SBGI.O disclosed its 8.2% stake in co

** Sinclair says it is in talks with Scripps for a potential combination

** SSP says it will evaluate any proposals that enhance value and "take all appropriate steps" to protect the company and its investors from opportunistic actions

** Up to last close, SSP had risen ~38% this year

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))