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Broadcast: Sinclair Broadcast Group
built 204 days ago
To find out what's happening at Sinclair Broadcast Group (SBG), you could just consult the TV Guide. The company is a leading television operator with about 60 stations serving more than 35 midsized markets around the country. Its portfolio reaches more than 20% of US households and includes affiliates of all four major networks, as well as several affiliated with The CW Network and MyNetworkTV. About 50 of SBG's stations are owned and operated, while the rest it operates under local market agreements; it has duopolies (more than one station) in almost a dozen of its markets. The four sons of founder Julian Sinclair Smith (including CEO David Smith) have more than 80% voting control of the company.
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Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 57 television stations in 35 markets. Sinclair's television group reaches approximately 22% of U.S. television households and is affiliated with all major networks. Sinclair ... holds investments in various other lines of businesses. For more information, visit the Sinclair website at www.sbgi.net.
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BALTIMORE, Nov. 14 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced today that they have purchased approximately 95% of Alarm Funding Associates ("AFA") for approximately $5.5 million. Alarm Funding is a regional security alarm operating and bulk acquisition company. Following the investment, the company will continue to be managed by its current management team.
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BALTIMORE, Dec. 17 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced today that they have made a $3.1 million cash investment, for an approximate 9.75% ownership interest, in Preston Hills Apartments in Atlanta, Georgia and Lakeshore Apartments in Indianapolis, Indiana. Both properties are managed by Harbor Group International, LLC.
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