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Blockbuster Deal in Cable Television, Discovery Buys Scripps

Discovery Communications DISCA says it will buy Scripps Networks SSP.
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Discovery Communications (DISCA) - Get Discovery, Inc. Class A Report says it will buy Scripps Networks (SSP) - Get E. W. Scripps Company Class A Report . It's a $14.6 billion dollar deal, $90 a share. Scripps owns The Food Network, HGTV and others. Discovery owns The Discovery Channel, TLC and Animal Planet.
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