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TV station M&A up 400% this year

  • TV station M&A activity soared in 2013 to $10.9B through the first 11 months of the year to quadruple last year's pace.
  • Sinclair Broadcasting (SBGI +1%) was the busiest of the bunch with nine separate TV station acquisition deals, although nearly every large player was active.
  • Related stocks: Belo (BLC), Nexstar Broadcasting (NXST), E.W. Scripps (SSP), Media General (MEG), Gray Television (GTN), Tribune (TRBAA).
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