Latest Sinclair Broadcast Group Inc. Stories
BALTIMORE, June 18, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the "Company" or "Sinclair") announced that it has entered into a definitive agreement to purchase the assets of Dielectric from SPX Corporation, for an immaterial and leverage neutral purchase price. Dielectric is the nation's largest manufacturer of broadcast television, radio and wireless antennas, transmission lines, and RF systems. (Logo:...
BALTIMORE, June 6, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced today that its shareholders re-elected its eight Directors at the Company's Annual Shareholders' meeting held today. The re-elected Directors are: Mr. David D. Smith, Chairman of the Board, CEO and President of Sinclair; Mr. Frederick G. Smith, Vice President of Sinclair; Mr. J. Duncan Smith, Vice President and Secretary of Sinclair; Mr. Robert E. Smith, Director; Mr. Basil A. Thomas,...
MADISON, Wis., June 4, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Larry Forsgren has been named General Manager of WMSN-TV (FOX 47) in Madison, Wisconsin. The announcement was made by Steve Marks, Chief Operating Officer of Sinclair's television group. (Logo: http://photos.prnewswire.com/prnh/20100119/PH39783LOGO ) In making the announcement, Mr. Marks said, "We are excited to promote Larry to General Manager of the station. We believe that...
BALTIMORE, June 4, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the "Company" or "Sinclair") announced that it has entered into a definitive agreement to purchase the stock and broadcast assets of four television stations owned by TTBG LLC ("TTBG") for an aggregate purchase price of $115.35 million. Sinclair also will assume TTBG agreements to provide sales and other services to two other stations. The TTBG stations are located in three markets and reach 1.0%...
BALTIMORE, May 2, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the "Company" or "Sinclair") announced that it has closed on the purchase of four television stations owned by Cox Media Group ("CMG") for $99.0 million less $4.3 million of working capital adjustments and an agreement to provide sales services to one other station. The Company funded the transaction through cash on hand. (Logo: http://photos.prnewswire.com/prnh/20100119/PH39783LOGO ) The CMG...
BALTIMORE, May 2, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced that it has priced an underwritten public offering of 18.0 million primary shares of Class A common stock at a price to the public of $27.25 per share. Certain selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 2.7 million shares of Class A common stock on the same terms and conditions. The offering is expected...
BALTIMORE, April 10, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (the "Company") (Nasdaq: SBGI) announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("Sinclair"), has refinanced its existing bank credit facility via an amendment and restatement, raising new term loan and revolving commitments and increasing operating flexibility. (Logo: http://photos.prnewswire.com/prnh/20100119/PH39783LOGO) Sinclair raised $900.0 million of new term loans, which...
BALTIMORE, April 5, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Tammy Dupuy and David Howitt have been promoted to Assistant Vice Presidents of Programming. The announcement was made by Steve Marks, Chief Operating Officer of Sinclair Television Group. (Logo: http://photos.prnewswire.com/prnh/20100119/PH39783LOGO ) In making the announcement, Mr. Marks said, "We are pleased to promote Dave and Tammy who bring years of experience and have...
BALTIMORE, April 2, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has closed its previously announced private offering of $600 million aggregate principal amount of senior unsecured notes due 2021 (the "Notes"). The Notes were priced at 100% of their par value and will bear interest at a rate of 5.375% per annum payable semi-annually on April 1...
BALTIMORE, March 18, 2013 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has priced its previously announced private offering of $600.0 million aggregate principal amount of Senior Unsecured Notes due 2021 (the "Notes"). The Notes were priced at 100% of their par value and will bear interest at a rate of 5.375% per annum payable semi-annually on...
