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Sinclair Broadcast Group (SBGI +6.9%) acquires Fisher Communications (FSCI +0.9%) in a $373.3M...

Sinclair Broadcast Group (SBGI +6.9%) acquires Fisher Communications (FSCI +0.9%) in a $373.3M deal. Apparently Sinclair wasn't joking when it said in February its previous acquisitions had "put very little stress at all" on its ability to make additional acquisitions. FSCI shareholders will get $41 in cash for their shares.
Comments (1)
  • Drew Robertson
    , contributor
    Comments (347) | Send Message
     
    Sounds like Aereo isn't being taken as a serious threat by SBGI holders.
    11 Apr 2013, 09:50 AM Reply Like
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