Scripps Institutes Shareholder Rights Plan

The E.W. Scripps Company adopted a limited-duration shareholder rights plan effective Nov. 26, 2025, in response to an unsolicited acquisition proposal. The one-year plan aims to protect shareholders from coercive tactics, allow the board time to evaluate offers, and ensure full value for shareholders. It immediately limits unsolicited acquisition actions but provides the board flexibility to consider strategic alternatives. The board emphasized its commitment to acting in shareholders’ best interests.

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The E.W. Scripps Company (NASDAQ: SSP) announced that its board adopted a limited-duration shareholder rights plan on Nov. 26, 2025, following the public disclosure of an unsolicited, non-binding acquisition proposal. The plan is effective immediately and expires in one year. The board stated the plan is designed to protect shareholders from coercive tactics, ensure the board has time to evaluate the offer and other strategic alternatives, and to help ensure all shareholders receive full value.

The board emphasized its commitment to acting in shareholders’ best interests while keeping options open to create shareholder value.

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Positive

  • Rights plan effective immediately
  • One-year duration gives board time to evaluate proposals
  • Aims to protect shareholders from coercive tactics
  • Board intention to seek full value for shareholders

Negative

  • Limits unsolicited acquisition actions for one year
  • Could delay completion of any immediate takeover attempt

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