Scripps Networks Interactive Shares Spike After Discovery News

Shares increase by 15% after Variety report on possible acquisition

Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company.

SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner

SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility of a bid at the company’s board meeting Tuesday.

SNI shares hit $86.15 in a flurry of after-hours activity, well past the company’s 52-week high of $81.21. The stock was up less than 1%, at $75.25, at close of regular trading.

Reps for Discovery and SNI declined comment on the prospect of a sale.

 

More TV

  • Ted Sarandos Harvey Weinstein

    Netflix and Weinstein Company: Closer Than 'Arm's Distance'

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

  • Salvation CBS

    'Salvation' Renewed for Season 2 at CBS

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

  • Maria Bamford

    TV News Roundup: Netflix Releases 'Lady Dynamite' Season 2 Trailer, Showtime Announces 'The Chi' Premiere Date

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

  • Chelsea Netflix

    Chelsea Handler's Netflix Talk Show to End After Two Seasons

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

  • Mindy Kaling TCA

    Mindy Kaling to Produce Two Comedies in Development at NBC From 'Mindy Project' Team (EXCLUSIVE)

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

  • CMT 'Artists of the Year' Lauds

    Jason Aldean, Luke Bryan, Chris Stapleton, More: Get to Know CMT's Artists of the Year

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

  • Nate Bargatze Jerrod Charmichael

    Jerrod Carmichael to Produce Comedy Put Pilot at Fox Based on Life of Nate Bargatze (EXCLUSIVE)

    Shares in Scripps Networks Interactive, parent company of Food Network, HGTV and other lifestyle cablers, spiked in after-hours trading on the news that Discovery Communications is considering making a bid for the company. SEE ALSO: Discovery Mulls Bid for Food Network, HGTV Owner SNI shares soared 14.5% after Variety reported that Discovery board members discussed the possibility […]

More From Our Brands

Access exclusive content