Scripps amends SEC filing to de-register 7 million unsold shares
Mon, November 29, 2004 by Tim Stautberg
CINCINNATI – The E.W. Scripps Company today filed an amendment with the Securities and Exchange Commission to de-register 7 million Class A Common Shares, the unsold balance of an original 12 million shares covered by a shelf registration statement filed on Aug. 10.The company filed the shelf registration statement in August to enable the company’s controlling shareholder, The Edward W. Scripps Trust, to sell up to 12 million Scripps Class A Common Shares owned by the Trust. On Nov. 17 the Trust sold 5 million shares through Morgan Stanley and has requested that the company withdraw the balance of shares still available to be sold under the shelf registration.The company did not receive any proceeds from the sale of shares by the Trust.The Trust now owns approximately 31.0 percent of the company’s outstanding 126 million Class A Common Shares and 87.3 percent of the outstanding 36.7 million Common Voting Shares. The company’s Class A Common Shares are traded on the New York Stock Exchange under the symbol "SSP." There is no public market for the company’s Common Voting shares. About Scripps The E.W. Scripps Company is a diverse media concern with interests in national lifestyle television networks, newspaper publishing, broadcast television, television retailing, interactive media and licensing and syndication. All of the company’s media businesses provide content and advertising services via the Internet.