E.W. Scripps is not loving the latest move by larger rival Sinclair , which revealed earlier today that it acquired an 8.2% stake in the smaller broadcaster on the open market and wants to own it as the industry continues to consolidate.

In response, Scripps said its “board will take all steps appropriate to protect the company and the company’s shareholders from the opportunistic actions of Sinclair or anyone else.”

“Scripps’ board of directors and management are focused on driving value for all of the company’s shareholders through the continued execution of its strategic plan. The board and management are aligned on doing only what is in the best interest of all of the company’s shareholders as well as its employees and the many communities and audiences it serves across the Uni

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