E.W. Scripps Rejects Sinclair's $7 Per Share Acquisition Proposal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
0mins
Source: Globenewswire
- Acquisition Proposal Rejected: The E.W. Scripps Company's board unanimously decided to reject Sinclair's unsolicited acquisition proposal of $7 per share, determining that it is not in the best interests of the company and its shareholders.
- Shareholder Interests Prioritized: Chair Kim Williams emphasized the board's commitment to acting in the best interests of all shareholders, employees, and the communities served, indicating a firm stance against the acquisition.
- Advisor Support: Scripps engaged Morgan Stanley as its financial advisor and Weil, Gotshal & Manges LLP as its legal advisor, ensuring professional support in evaluating the acquisition proposal, which enhances the rationale behind their decision.
- Future Opportunity Evaluation: Despite rejecting the current proposal, the board remains open to evaluating opportunities to enhance shareholder value, demonstrating the company's willingness to consider future acquisition proposals.
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Analyst Views on SSP
Wall Street analysts forecast SSP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SSP is 7.00 USD with a low forecast of 3.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 3.360
Low
3.00
Averages
7.00
High
10.00
Current: 3.360
Low
3.00
Averages
7.00
High
10.00
About SSP
The E.W. Scripps Company is a diverse media enterprise that serves audiences and businesses through a portfolio of more than 60 local television stations in more than 40 markets and national news and entertainment networks. Its Local Media segment includes more than 60 local television stations and their related digital operations. Its television station group includes approximately 25% of the nation’s television households and includes 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. It also has seven CW affiliates-four on full power stations and three on multicast; seven independent stations and 10 additional low power stations. Its Scripps Networks segment includes national news outlets Scripps News and Court TV, as well as entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery and Laff. The networks reach nearly every United States television home through free over-the-air broadcast, cable/satellite, connected TV, and digital distribution.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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