Scripps Ready To Pitch For Funds


The E.W. Scripps Co. on Aug. 2 agreed to purchase the Katz multicast TV networks Bounce, Grit, Escape and Laff for $302 million.

Scripps was already a 5% owner in a portion of the business, so its net purchase price is $292 million.

That requires some help, and Scripps is starting to ask for it.

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