Media Stocks to Watch

Discovery Communications, Scripps in talks to merge, WSJ reports

Discovery Communications (DISCA) is in discussions to merge with Scripps Networks (SNI), the Wall Street Journal reports, citing people familiar with the situation.

Terms of the negotiations could not be learned, the Journal says.

According to S&P Global Market Intelligence, Discovery has a market valuation of roughly $15B, while Scripps is valued at $8.8B, the report says.


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