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Scripps agrees to sell Triton Digital to iHeartMedia for $230 million

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CINCINNATI – The E.W. Scripps Company (NASDAQ: SSP) has entered into an agreement with iHeartMedia (NASDAQ: IHRT) to sell Triton Digital for $230 million – a cash-on-cash return of 1.6x for a business Scripps acquired in late 2018.

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