
Shares of broadcaster E.W. Scripps SSP.O jumped 44.6% to $4.425
SSP rallies after Sinclair SBGI.O disclosed its 8.2% stake in co
Sinclair says it is in talks with Scripps for a potential combination
SSP says it will evaluate any proposals that enhance value and "take all appropriate steps" to protect the company and its investors from opportunistic actions
Up to last close, SSP had risen ~38% this year