This Slide: #40 of 63 |
Slide #40. Sinclair Broadcast Group — Fisher Communications, Inc.
Acquirer:
Sinclair Broadcast Group (NASDAQ:SBGI)
Acquiree:
Fisher Communications, Inc.
Details:
Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) ("Sinclair") announced today that it has closed on its previously announced acquisition of Fisher Communications, Inc. valued at approximately $373.3 million, less acquired working capital.
Sinclair is a media company. The content, distributed through Co.'s broadcast platform and third-party platforms, consists of programming provided by third-party networks and syndicators, local news, college and sports, and other original programming produced by Co. Additionally, Co. owns digital media products that are complementary to its portfolio of television station and regional sports network related digital properties. Outside of its media related businesses, Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the improvement of broadcast technology.
SBGI SEC Filing Email Alerts Service
Open the SBGI Page at The Online Investor »
|
Open the SBGI Page at The Online Investor (in a new window) »
Free SBGI Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |
Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: SBGI Stock Forecast Based on Zacks ABR data; powered by Xignite |