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Stock Market & Financial Investment News

News Breaks
July 10, 2014
11:55 EDTGTN, SBGI, GCI, SSPSigns show Sinclair Broadcast near closing Albritton deal, says Wells Fargo
Wells Fargo believes that Sinclair's (SBGI) recent debt raise and intention to raise incremental term B loans indicate that the company's acquisition of TV stations from Albritton will close later this month. The firm says its checks indicate that the FCC has said that Sinclair has met all new requirements related to the deal. Wells views the closing of the deal as a positive catalyst for Sinclair and its peers, and it keeps an Outperform rating on the shares. Other TV station owners include E.W. Scripps (SSP), Gannett (GCI), and Gray Television (GTN).
News For SBGI;SSP;GCI;GTN From The Last 14 Days
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March 30, 2015
10:13 EDTSSPE.W. Scripps announces payment of special dividend to shareholders
The E.W. Scripps Company (SSP) has set the amount of a special cash dividend related to the merger of its broadcast assets with those of Journal Communications (JRN) and the spinoff of their respective newspapers.The special one-time cash dividend of $1.0297 per share is payable to shareholders of record as of the close of business on March 25. The total amount of the special dividend payment will be $60M. Scripps shareholders of record as of the close of business on March 25 also will receive shares in Journal Media Group, the independent newspaper company created by the spin-offs, payable upon the closing of the transactions. Journal Communications shareholders also receive shares in the new Journal Media Group.The special dividend is payable upon the closing of the transactions, scheduled for April 1. On the closing date, Scripps and Journal will simultaneously spin off and merge their newspaper operations to form Journal Media Group and immediately thereafter merge their broadcast operations, making Scripps one of the nation's largest independent TV station owners.
March 26, 2015
10:29 EDTSBGISinclair Broadcast launches Sinclair Digital Ventures
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March 25, 2015
19:38 EDTGTNGray Television 12M share Secondary priced at $13.00
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March 24, 2015
14:45 EDTGTNGray Television management to meet with Barrington
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March 23, 2015
12:57 EDTGTNGray Television management to meet with Sidoti
Meetings to be held in Ohio on March 25 and in Chicago on March 26 hosted by Sidoti.
06:03 EDTGTNGray Television files to sell 12M shares of common stock
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