Bloomberg
05 October 2016
By Tara Lachapelle

Scripps Networks Interactive, the $8.3 billion owner of the HGTV and Food Network channels, has always been among the littler of the big guys when it comes to TV content. So that's why in recent years, as cable and satellite-TV providers sought mergers and explored skinny-bundle packages, and as online streaming services gained steam, Scripps was seen as one of the industry's likeliest takeover candidates. Without a deal to join a larger company, it was at risk of getting left off new offerings -- or so the argument went.

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