Television & Radio M&A » By The Online Investor Staff, updated Sat., Mar. 6, 10:31 PM
Recent mergers and acquisitions in the Television & Radio M&A category.
Slide #41. Fisher Communications, Inc. — Sinclair Broadcast Group, Inc.
| Acquirer: |
Fisher Communications, Inc. (FSCI) |
| Acquiree: |
Sinclair Broadcast Group, Inc. (SBGI) |
| Details: |
Fisher Communications, Inc. (NASDAQ: FSCI) ("Fisher" or the "Company"), a leader in local media innovation, today announced that its shareholders have approved the merger agreement with Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) ("Sinclair"), whereby Sinclair will acquire Fisher. Under the terms of the merger agreement, upon the consummation of the merger, Fisher shareholders will receive $41.00 in cash for each share of Fisher common stock they own. |
Fisher Communications is an integrated media company. Co. conducts its operations through two subsidiaries, Fisher Broadcasting Company (Fisher Broadcasting) and Fisher Media Services Company (Fisher Media Services). Co. has three segments: television; radio; and Fisher Plaza, a mixed-use facility owned and managed through Fisher Media Services. At Dec 31 2011, Fisher Broadcasting owned and operated 13 television stations (including a 50.0%-owned television station), seven low power television stations and three owned radio stations (in addition to one managed radio station) in the Western U.S. Co.'s television and radio stations are located in Washington, Oregon, California and Idaho.
Open the FSCI Page at The Online Investor »
Fisher Communications is an integrated media company. Co. conducts its operations through two subsidiaries, Fisher Broadcasting Company (Fisher Broadcasting) and Fisher Media Services Company (Fisher Media Services). Co. has three segments: television; radio; and Fisher Plaza, a mixed-use facility owned and managed through Fisher Media Services. At Dec 31 2011, Fisher Broadcasting owned and operated 13 television stations (including a 50.0%-owned television station), seven low power television stations and three owned radio stations (in addition to one managed radio station) in the Western U.S. Co.'s television and radio stations are located in Washington, Oregon, California and Idaho.
Open the SBGI Page at The Online Investor »
| Company Name: |
| Sinclair Broadcast Group Inc |
| Stock buyback: |
| SBGI buyback |
| Website: |
| www.sbgi.net |
| Sector: |
| Television & Radio |
| Number of ETFs Holding SBGI: |
| 27 |
| Total Market Value Held by ETFs: |
| $218.17M |
| Total Market Capitalization: |
| $1.76B |
| % of Market Cap. Held by ETFs: |
| 12.39% |
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