E.W. Scripps to Acquire Ion Media for $2.65 Billion with Aid From Berkshire Hathaway

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E.W. Scripps has reached a deal to acquire Ion Media for $2.65 billion in a deal that will be partially financed by a $600 million investment from Warren Buffett’s Berkshire Hathaway.

Based in West Palm Beach, Fla., Ion Media owns 71 TV stations covering a wide swath of the country. 

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