Sinclair reportedly considering proxy battle for Scripps board positions amid takeover dispute.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
0mins
Source: SeekingAlpha
Sinclair's Rejected Offer: Sinclair Inc. had its $7/share acquisition proposal for E.W. Scripps rejected, prompting potential plans to pursue board seats next year.
Board Control Challenges: The Scripps board is primarily controlled by family-appointed directors, limiting Sinclair's ability to influence board composition, as only three of the eleven seats are available to public shareholders.
Scripps' Response: The Scripps board stated that Sinclair's unsolicited proposal was not in the best interests of the company and its shareholders, leading to the adoption of a "poison pill" strategy.
Market Reaction: Following the news, shares of Scripps rose by 7%, while Sinclair's shares increased by 1.1%.
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Analyst Views on SBGI
Wall Street analysts forecast SBGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SBGI is 19.20 USD with a low forecast of 15.00 USD and a high forecast of 27.00 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.
5 Analyst Rating
2 Buy
2 Hold
1 Sell
Hold
Current: 14.220
Low
15.00
Averages
19.20
High
27.00
Current: 14.220
Low
15.00
Averages
19.20
High
27.00
About SBGI
Sinclair, Inc. is a diversified media company and a provider of local news and sports. The Company operates through two segments: Local Media and Tennis. Its Local Media segment consists primarily of broadcast television stations, which the Company owns, operates or to which the Company provides services, and includes multicast networks and original content. The Tennis segment consists primarily of Tennis Channel, a cable network which includes coverage of most of tennis' top tournaments and original professional sport and tennis lifestyle shows; the Tennis Channel International subscription and streaming service; Tennis Channel streaming service; TennisChannel 2, a 24-hours a day free ad-supported streaming television channel, and Tennis.com. The Company owns, operates and/or provides services to approximately 185 television stations in 85 markets affiliated with all major broadcast networks. Its multicast networks include CHARGE, Comet, ROAR, and The Nest.
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.
Sinclair, Inc. to Report Q4 2025 Earnings on February 25, 2026
- Earnings Release Schedule: Sinclair, Inc. will report its Q4 2025 earnings at 4:00 p.m. ET on February 25, 2026, followed by a conference call at 4:30 p.m. ET, expected to provide key financial data and future outlook.
- Conference Call Participation: Participants must dial 888-506-0062 and enter code 752142 at least two minutes prior to the start time to ensure smooth access, with media members allowed to join in listen-only mode.
- Live Webcast and Replay: The conference call will be webcast live on Sinclair's website, with a replay available exclusively on the site after the call, ensuring investors and media can access relevant information at their convenience.
- Information Access Channels: Sinclair regularly uses its website to disseminate important information, allowing investors to access press releases and non-GAAP reconciliations at www.sbgi.net, enhancing transparency and ease of information retrieval.
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Sinclair Inc. (SBGI) Continues Hostile Takeover Attempts on E.W. Scripps (SSP) Amid Rejection
- Clear Acquisition Intent: Sinclair has reiterated its willingness to engage in merger discussions with E.W. Scripps, but Scripps has refused to communicate with its largest shareholder, indicating a strained relationship that may hinder future collaboration.
- Rejection of Acquisition Offer: Scripps rejected Sinclair's $7 per share cash and stock offer last month, indicating a preference for executing its standalone plan, which may prompt Sinclair to adopt more aggressive strategies moving forward.
- Shareholder Structure Impact: Sinclair has held over an 8% stake in Scripps since November, and may initiate a proxy fight for board seats, intensifying competition and confrontation between the two companies.
- Ongoing Business Review: Sinclair also stated that its strategic review of its broadcast business and the separation of Ventures will continue, indicating that the company is seeking internal optimization and strategic adjustments beyond the acquisition attempts.
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