Discovery Communications Gobbling Scripps: Reports

7/26/17

By Paul Springer, TheStreet

After some months of well-publicized dickering, Discovery Communications Inc. (DISCA) is close to acquiring Scripps Networks Interactive Inc. (SNI) .

The deal would consist of a $1.2 billion combination that could give the company more leverage with cable providers, according to Reuters.

Discovery has asked Scripps to dance several times over the years.

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