HALISTER: Discovery Comm., Scripps Are Said to Be in Talks to Combine: WSJ

Discovery Comm., Scripps Are Said to Be in Talks to Combine: WSJ

(Bloomberg) -- Discovery Communications is in talks to combine with Scripps; deal terms couldn’t be learned, WSJ reports, citing unidentified people familiar.
  • DISCA up as much as 9.4% on 5k shares post-market, SNI rises as 12% on 11.5k shares
  • NOTE: DISCA mkt cap ~$15b, SNI ~$8.7b: Bloomberg data
To contact the reporter on this story: Jim Jia in Sydney at jjia1@bloomberg.net To contact the editors responsible for this story: Chua Baizhen at bchua14@bloomberg.net Michael Sin

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DISCA US (Discovery Communications Inc)
SNI US (Scripps Networks Interactive Inc)

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