-
Mario Gabelli To Nominate Up To Three For Scripps Board
October 9, 2017 at 5:49 AM (PT)
What do you think? Add your comment below. -
Investor MARIO GABELLI's GAMCO ASSET MANAGEMENT INC. has informed THE E.W. SCRIPPS COMPANY that he will go ahead with submitting up to three names for election to the SCRIPPS Board of Directors. GABELLI foreshadowed the move in AUGUST by announcing that GAMCO was "evaluating all of its options" in advance of the deadline for submitting candidate names, and is now signaling its intention to put its own nominees in the running for up to three seats.
GAMCO holds 11.62% of SCRIPPS common stock, while six other GABELLI entities (including GABELLI in his own name) own an additional 4.52% of the stock.

