Discovery to acquire Scripps Networks in $11.9-billion deal

Standard

Discovery Communications and Scripps Networks Interactive have reached an $11.9-billion deal to combine, a move aimed at creating a bulwark to withstand the challenges facing the television industry.

Discovery plans to acquire Scripps — the owner of HGTV, Food Network and the Travel Channel — in…

fromhttp://www.baltimoresun.com/business/la-fi-ct-discovery-scripps-merger-20170731-story.html

Advertisements