Television & Radio M&A » By The Online Investor Staff, updated Fri., Apr. 26, 8:31 PM
Recent mergers and acquisitions in the Television & Radio M&A category.
Slide #48. Sinclair Broadcast Group, Inc. — Fisher Communications, Inc.
| Acquirer: |
Sinclair Broadcast Group, Inc. (SBGI) |
| Acquiree: |
Fisher Communications, Inc. (FSCI) |
| Details: |
Sinclair Broadcast Group, Inc. and Fisher Communications, Inc. announced that they have entered into a definitive merger agreement whereby Sinclair will acquire Fisher in a merger transaction valued at approximately $373.3 million. Under the terms of the agreement, Fisher shareholders will receive $41.00 in cash for each share of Fisher common stock they own. The transaction represents a 44% premium to the closing price of Fisher common stock on January 9, 2013, the final trading day prior to Fisher announcing a review of strategic alternatives. |
Sinclair is a media company. The content, distributed through Co.'s broadcast platform and third-party platforms, consists of programming provided by third-party networks and syndicators, local news, college and sports, and other original programming produced by Co. Additionally, Co. owns digital media products that are complementary to its portfolio of television station and regional sports network related digital properties. Outside of its media related businesses, Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the improvement of broadcast technology.
SBGI SEC Filing Email Alerts Service
 Open the SBGI Page at The Online Investor » Sinclair is a media company. The content, distributed through Co.'s broadcast platform and third-party platforms, consists of programming provided by third-party networks and syndicators, local news, college and sports, and other original programming produced by Co. Additionally, Co. owns digital media products that are complementary to its portfolio of television station and regional sports network related digital properties. Outside of its media related businesses, Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the improvement of broadcast technology.
SBGI SEC Filing Email Alerts Service
Open the FSCI Page at The Online Investor »
| Company Name: |
Sinclair Inc |
| Stock buyback: |
SBGI buyback |
| Website: |
www.sbgi.net |
| Sector: |
Television & Radio |
| Number of ETFs Holding SBGI: |
26 |
| Total Market Value Held by ETFs: |
$56.77M |
| Total Market Capitalization: |
$507.00M |
| % of Market Cap. Held by ETFs: |
11.20% |
|
|
April 26, 2024 • 8:31 PM Eastern
|
Free Email Alerts:
