Large investor in E.W. Scripps buys $468k in additional shares
Eaton M Scripps, who already controls 10% of shares at E.W. Scripps Co (SSP), bought 28,430 additional shares of the company’s common stock on Jan 3. At $16.47 per share, Scripps paid a total of $468,190 for the new shares.
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About E.W. Scripps Company (The)
The E W Scripps Co owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's portfolio of broadcast television stations are mostly major network-affiliated and are primarily located in the top-fourty television markets in the U.S., including Detroit and Phoenix. During 2008, the company spun off its cable television networks and interactive media businesses.