Chris Ripley is aggressively moving forward with an unsolicited offer to acquire the broadcast media company led by Adam Symson that’s parent to a host of over-the-air TV stations, the Ion Television network and a host of digital and multicast networks including Court TV, Bounce, Scripps News and Laff.
For shareholders of Sinclair Inc. and The E.W. Scripps Co., it’s clearly no laughing matter. For cable TV lobbying group ACA Connects, the merger could negatively impact future retransmission consent fee negotiations.