Sinclair to purchase Sullivan Deal could be worth $1 billion, gives firm 14 new TV stations; Most are Fox affiliates; Company continues to gain outlets in mid-size markets; Broadcasting
- ️Wed Feb 25 1998
News
Sinclair to purchase Sullivan Deal could be worth $1 billion, gives firm 14 new TV stations; Most are Fox affiliates; Company continues to gain outlets in mid-size markets; Broadcasting
Sinclair Broadcast Group Inc. of Baltimore announced yesterday that it has agreed to buy Sullivan Broadcast Holdings Inc. in an acquisition that could be worth as much as $1 billion.The deal, which is expected to be completed by late spring, gives a further boost to Sinclair’s rising profile in the radio and television broadcasting industry. […]
Originally Published: February 25, 1998 at 12:00 AM EST