Nov 24 (Reuters) - Sinclair Inc ( SBGI ):

* SINCLAIR INC ( SBGI ): SUBMITTED TO E.W. SCRIPPS A PROPOSAL TO

ACQUIRE

ALL OUTSTANDING SHARES NOT ALREADY OWNED - SEC FILING

* SINCLAIR INC ( SBGI ): PROPOSAL FOR A POTENTIAL COMBINATION WITH

E.W.

SCRIPPS BASED ON APPROXIMATELY $325 MILLION IN ESTIMATED

SYNERGIES

* SINCLAIR INC ( SBGI ): UPON CLOSING OF PROPOSED DEAL, SHAREHOLDERS

OF

E.W. SCRIPPS WOULD OWN APPROXIMATELY 12.7% OF THE COMBINED

ENTITY

* SINCLAIR- OFFERS TO BUY OUTSTANDING SHARES OF E.W. SCRIPPS

IT

DOES NOT OWN FOR $7.00/SHARE, CONSISTING OF $2.72 IN CASH,$4.28

IN SINCLAIR COMMON STOCK

* SINCLAIR - COMBINED COMPANY WOULD MAINTAIN AN INDEPENDENT

MAJORITY ON ITS BOARD

* SINCLAIR INC ( SBGI ): NEW PUBLICLY TRADED PARENT COMPANY WOULD

RETAIN

CO'S DUAL-CLASS STRUCTURE

* SINCLAIR INC ( SBGI ): CONFIDENT THAT UNDER EXISTING RULES,

PROPOSED

SCRIPPS DEAL CAN BE COMPLETED IN A TIMELY MANNER WITH LIMITED

SELECT DIVESTITURES

* SINCLAIR INC ( SBGI ): COMBINED COMPANY WITH SCRIPPS WOULD PROPOSE

ADOPTING JOINTLY DEVELOPED EDITORIAL STANDARDS AND APPOINTING AN

INDEPENDENT OMBUDSMAN

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