- Shares in Discovery Communications (NASDAQ:DISCA) are spiking 9.4% after hours, and Scripps Networks Interactive (NYSE:SNI) up 10.4%, on a Wall Street Journal report that the two are in talks to combine.
- The WSJ couldn't learn terms, though Discovery is worth about $15B and Scripps Networks $8.8B.
- The two abandoned merger talks in 2014, in part because the family controlling Scripps wasn't ready to sell.
Discovery +9.4%, Scripps Networks +10.4% on report of merger discussion
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Symbol | Last Price | % Chg |
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WBD | - | - |
Warner Bros. Discovery, Inc. |