Article
E.W. Scripps Jumps 8% On Warren Buffett-Backed ION Media Deal
Rating:
0.0
Views:
113
Likes:
1
Library:
1
Shares of TV station owner E.W. Scripps jumped 7.6% on Thursday after confirming the acquisition of broadcast network ION Media for $2.65 billion. As part of the deal, billionaire investor Warren Buffett-led Berkshire Hathaway will make a preferred equity investment of $600 million in Scripps. In exchange, Berkshire will receive a warrant to purchase 23.1 […]
Rate This Post
Rate The Educational Value
Rate The Ease of Understanding and Presentation
Interesting or Boring? Rate the Entertainment Value