other material
confidence high
sentiment neutral
materiality 0.30
E.W. Scripps sells San Diego tower sites to K2 Towers for $20M cash
E.W. SCRIPPS Co
- Sale of San Diego tower sites completed on December 30, 2024 for $20 million cash.
- Simultaneously entered into tower space leases with buyer for $1 annual consideration.
- Transaction structured as asset sale; no material impact on ongoing operations disclosed.