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Scripps Networks Interactive (SNI) Is Suring On Reports Of Merger Talks

Reuters reported Wednesday morning that Scripps Networks Interactive (SNI) and Discovery Communications (DISCA) are in merger talks.

Scripps Networks Interactive has gapped open sharply higher this morning and is now up 12.73 at $79.75. The stock has jumped to a 4-month high and has re-crossed its 200-day moving average.

by RTTNews Staff Writer

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