Takeover talk; Watching Venezuela; Earnings season rolls on – CNNMoney

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1. Takeover talk: Discovery Communications (DISCA), which owns TLC and Animal Planet, is acquiring Scripps Networks (SNI), which owns Food Network and HGTV, in an $11.9 billion deal.

The deal has been in the works for several weeks. It’s valued at $14.6 billion, or $90 per share, counting Discovery’s assumption of Scripps’ debt.