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.
