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NASDAQ:SBGI 17 November 2025

E.W. Scripps (SSP) Soars as Sinclair Builds 8.2% Stake and Pushes for Takeover on November 17, 2025

E.W. Scripps (SSP) Soars as Sinclair Builds 8.2% Stake and Pushes for Takeover on November 17, 2025

Sinclair Inc. revealed an 8.2% stake in The E.W. Scripps Company on Nov. 17, 2025, and confirmed ongoing merger talks, pushing SSP shares up over 20%. Scripps’ board said it will protect shareholders and stick to its strategic plan. Sinclair claims the deal would bring $300 million in annual cost synergies without external financing. The proposed merger would combine more than 230 local TV stations.
17 November 2025
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Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
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