Recent acquisitions should make Sinclair Broadcast Group’s stock more valuable,...
Recent acquisitions should make Sinclair Broadcast Group’s stock more valuable, Wells Fargo analyst Marci Ryvicker wrote in a note to investors. “What we really like about these transactions is their accretion,” she said, referring to the fact that they will…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
boost the company’s gross earnings and not change its debt profile. We like SBGI’s scale, leverage and opportunistic approach to M&A and anticipate there is more to come,” she said. Sinclair’s stock gained 7.2 percent to close at $17.00 Monday.