Tuesday, July 25, 2017

Bought Scripps Network Interactive

I’m bit late to the table, but I took a small stab at Scripps Network Interactive (Ticker: SNI) today at $81.38 (6% position). It looks more and more likely that Discovery Communications (Ticker: DISCA) will come out as the winning bidder for Scripps Network (Ticker: SNI). There’s probably not much of a premium at the current price, but I believe there’s still some money to be made. We’ll see next week if Viacom (Ticker: VIAB) or Discovery Communications emerges as the winning bidder…  

2 Comments:

At July 27, 2017, Anonymous umesh pal said...

Yes, you are right even my expectations are very high.

 
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