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Trust seeks ruling on Scripps Networks stock sale

Bloomberg reported recently on a court ruling sought by the trust that controls Knoxville-
scripps2_asb_13138.jpgbased Scripps Networks Interactive Inc.

“The petition filed in a Butler County, Ohio, probate court may be viewed by traders as the removal of an obstacle to a potential acquisition of Scripps Networks, said Michael Nathanson, an analyst with Nomura Securities in New York,” Bloomberg reported.

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