Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Scripps Networks Interactive Inc (NASDAQ: SNI) acted responsibly on behalf of investors’ profitability in the planned $14.6 billion sale to Discovery Communications Inc.

On July 31, 2017, Scripps Networks Interactive Inc (NASDAQ: SNI) and Discovery Communications Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Scripps shareholders will receive $90 per share, comprised of $63.00 per share in cash and $27.00 per share in Class C Common shares of Discovery stock, based on Discovery's Friday, July 21 closing price; the stock portion will be subject to a collar.

Based in Knoxville, Tennessee, Scripps Networks Interactive Inc develops lifestyle-oriented content in the United States, the United Kingdom and other European markets, the Middle East and Africa, the Asia-Pacific, and Latin America.

The investigation focuses on whether NASDAQ: SNI investors received the highest price and whether the directors of Scripps Networks Interactive Inc acted in the best interest of Scripps Networks Interactive Inc company and its shareholders.   

If you purchased Scripps Networks Interactive Inc (NASDAQ: SNI) prior to July 31, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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