Sinclair, which has bought or agreed to buy...
Sinclair, which has bought or agreed to buy 81 TV and four radio stations this year and last for about $2 billion, will “look to continue making acquisitions as industry consolidation is likely to remain ongoing,” an analyst wrote investors…
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Friday. Those acquisitions include Barrington, Cox and Fisher, and Sinclair is expected to “continue to pursue a roll-up acquisition strategy” by buying more stations for its “smaller market portfolio while adding to its existing mid-market holdings,” said Benchmark Research’s Edward Atorino. “Sinclair also sees an opportunity for increased retransmission revenues and could benefit on a long-term basis from increased spectrum space as a large scale multi-channel television broadcaster."