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Sinclair Broadcast Group Closes On Fisher Communications Acquisition
August 8, 2013 at 11:15 AM (PT)
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Closes On Deal
SINCLAIR BROADCAST GROUP, INC. has closed on the acquisition of FISHER COMMUNICATIONS, INC. for $373.3 million ($41/share).
In the deal, SINCLAIR takes control of News KOMO-A, Hot AC KPLZ (STAR 101.5), and Talk KVI-A/SEATTLE and the LMA to operate SOUTH SOUND BROADCASTING's KOMO-F/OAKVILLE, a simulcast of KOMO-A. The deal also includes 20 television stations in 8 markets.
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