RYE, N.Y.--(BUSINESS WIRE)--GAMCO Asset Management Inc. ("GAMCO"), an affiliate of GAMCO Investors, Inc. (NYSE: GBL), recently announced its intention to nominate directors at the 2018 annual meeting of The E.W. Scripps Company (“E.W. Scripps”) (NYSE: SSP).
GAMCO intends to nominate Mr. Vincent L. Sadusky, former CEO of Media General, Inc. and LIN Media LLC, and Ms. Colleen Birdnow Brown, Founder and owner of Marca Global LLC, to the board of E.W. Scripps. Additional nominees for the board may be announced at a later date.
GAMCO, on behalf of its clients, and certain of its affiliates owns approximately 16.5% of the outstanding Class A common stock of E.W. Scripps.
GAMCO believes Mr. Sadusky and Ms. Brown would add great value to the Board of Directors. GAMCO will provide the company with information regarding its full slate of director nominees.
GAMCO Investors, Inc., through its subsidiaries, manages open-end funds and closed-end funds (Gabelli Funds, LLC) and private advisory accounts (GAMCO Asset Management Inc.).
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