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OFFON

SCRIPPS NETWORKS

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SCRIPPS NETWORKS INTERACTIVE, INC. Rigrodsky & Long, P.A. Announces Investigation Of Buyout

07/31/2017 | 06:47pm EST

Rigrodsky & Long, P.A.:

  • Do you own shares of Scripps Networks Interactive, Inc. (NASDAQ GS: SNI)?
  • Did you purchase any of your shares prior to July 31, 2017?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Scripps Networks Interactive, Inc. (“Scripps” or the “Company”) (NASDAQ GS: SNI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Discovery Communications, Inc. (“Discovery”) (NASDAQ GS: DISCA, DISCB, DISCK) in a transaction valued at approximately $14.6 billion. Under the terms of the agreement, shareholders of Scripps will receive $90.00 per share, comprised of $63.00 per share in cash and $27.00 per share in Class C Common shares of Discovery stock, for each share of Scripps common stock.

If you own common stock of Scripps and purchased any shares before July 31, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.


ę Business Wire 2017
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Managers and Directors
Mark S. Hale Chief Technology Officer & EVP
Burton Jablin Chief Operating Officer
Tara L. Smith Secretary & Senior Vice President
James D. Samples President-International Operations
Barbara Bellini Vice President-Commercial Affairs & Operations
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