Shares of telecommunications companies were flat ahead of earnings in the sector.
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Viacom may enter the bidding for HGTV producer Scripps Networks Interactive after Discovery Communications attempted to buy its rival, The Wall Street Journal reported. A bid would constitute a bold strategic move from new Viacom Chief Executive Bob Bakish, who is attempting to revive Wall Street enthusiasm for the cable and movie studio's shares.
Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
July 25, 2017 17:36 ET (21:36 GMT)