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

|About: Sinclair Broadcast Group, Inc. (SBGI)|By:, SA News Editor

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.