Monday, May 6, 2019

Sinclair CEO as stock soars: Fox deal 'will forever change complexion' of company

Sinclair Broadcast Group Inc. shares are soaring after the broadcast giant announced it will more than double its revenue and be in position to grow even further with the purchase of 21 regional sports networks from the Walt Disney Co. Where Hunt Valley-based Sinclair failed in completing a proposed takeover of Tribune Media Co. last year, the company is now in a position to make the game-changing move it so badly desired. Already the biggest owner of local TV stations in the U.S. with 191 in 89…



from https://www.bizjournals.com/baltimore/news/2019/05/06/sinclair-ceo-as-stock-soars-fox-deal-will-forever.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184695264412

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