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?
& 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,
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 email@example.com.
& 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
Attorney advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170731006304/en/