1212 ET - A potential acquisition of E.W. Scripps by Sinclair would create a local-television-station company with significant scale, but a merger could carry risks for shareholders of both companies, JPMorgan analysts say. Sinclair would need to successfully create significant synergies from the merger to carry the high debt burden it accepts from Scripps. Meanwhile, the risk for Scripps shareholders comes if they receive equity as part of the merger. That would require confidence that the new company will successfully generate those synergies and that the broadcast industry sustains present valuations, which are currently being boosted by favorable regulatory changes, the analysts say. (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
December 11, 2025 12:12 ET (17:12 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments