Sinclair Broadcast Group Inc., the nation’s largest operator of local television stations, is buying into cable television in a big way through a $10.6 billion dollar deal for Walt Disney Co.’s regional sports networks. The companies announced the deal, which gives Hunt Valley-based Sinclair (NASDAQ: SBGI) broadcasting rights to more than 42 Major League Baseball, National Hockey League and National Basketball Association teams, on Friday. “This is a very exciting transaction for Sinclair to be…
from https://www.bizjournals.com/baltimore/news/2019/05/06/sinclair-to-buyfox-regional-sports-networks-from.html?ana=RSS&s=article_search
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