Sinclair, Tegna
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Nexstar to Acquire Tegna in $6.2 Billion Deal
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Hunt Valley-based Sinclair Inc. is gearing up to join an expected wave of broadcast industry mergers and acquisitions, signaling it could buy or sell TV stations or seek new business partners.
Sinclair, a major local TV station group, announced that its board has authorized a "comprehensive strategic review" for its broadcast business, including potential sales and acquisitions.
The deal comes a day after the TV station owner said it would explore strategic alternatives for its broadcast business
Sinclair Broadcast Group, which operates dozens of TV stations across the U.S., said Monday that some of its servers and work stations were encrypted with ransomware and that some of its data was ...
Streamer Zeam has acquired the NewsOn local TV platform from Sinclair Broadcast Group as Zeam looks to expand its consumer and B-to-B operations.
Sinclair, one of the biggest owners of broadcast stations in the U.S., will explore M&A opportunities for its broadcast TV business.
Sinclair Broadcast Group announced it will acquire Tribune Media — with its 42 TV stations in 33 markets across the U.S. — for $3.9 billion plus the assumption of debt.
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Why Sinclair (SBGI) Stock Is Falling Today
Shares of media broadcasting company Sinclair (NASDAQ:SBGI) fell 3.4% in the afternoon session after the stock continued to slide amid negative sentiment following its recent disappointing second-quarter earnings report.
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