GAMCO Announces Nominees at E.W. Scripps
January 31 2018 - 6:21PM
Business Wire
GAMCO Asset Management Inc. ("GAMCO"), an affiliate of GAMCO
Investors, Inc. (NYSE: GBL), recently announced its intention to
nominate directors at the 2018 annual meeting of The E.W. Scripps
Company (“E.W. Scripps”) (NYSE: SSP).
GAMCO intends to nominate Mr. Vincent L. Sadusky, former CEO of
Media General, Inc. and LIN Media LLC, and Ms. Colleen Birdnow
Brown, Founder and owner of Marca Global LLC, to the board of E.W.
Scripps. Additional nominees for the board may be announced at a
later date.
GAMCO, on behalf of its clients, and certain of its affiliates
owns approximately 16.5% of the outstanding Class A common stock of
E.W. Scripps.
GAMCO believes Mr. Sadusky and Ms. Brown would add great value
to the Board of Directors. GAMCO will provide the company with
information regarding its full slate of director nominees.
GAMCO Investors, Inc., through its subsidiaries, manages
open-end funds and closed-end funds (Gabelli Funds, LLC) and
private advisory accounts (GAMCO Asset Management Inc.).
SPECIAL NOTE REGARDING FORWARD-LOOKING
INFORMATION
Our disclosure and analysis in this press release may contain
some forward-looking statements. Forward-looking statements give
our current expectations or forecasts of future events. In
particular, these include statements relating to future actions,
future performance and financial results. Although we believe that
we are basing our expectations and beliefs on reasonable
assumptions within the bounds of what we currently know about our
business and operations, there can be no assurance that our actual
results will not differ materially from what we expect or
believe.
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version on businesswire.com: http://www.businesswire.com/news/home/20180131006379/en/
GAMCO Investors, Inc.George Maldonado, 914-921-7733Director of
Proxy Voting ServicesorFor further information please
visitwww.gabelli.com
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