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Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:38 EDTSBGI, LIN, NXSTFCC proposal could force Sinclair to give up properties, Bloomberg says
U.S. television-station owners, including Sinclair Broadcast Group (SBGI), Lin Media (LIN) and Nexstar Broadcasting Group (NXST), could be forced to give up some properties under a proposal by FCC Chairman Tom Wheeler, reported Bloomberg. Wheeler wants to prohibit some shared-service arrangements that have let companies avoid a ban on owning more than one TV station in a local market, said two officials briefed on the proposal that has not been made public, the report said. Reference Link
News For SBGI;LIN;NXST From The Last 14 Days
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July 25, 2014
12:54 EDTSBGIRoystone Capital reports 5.3% passive stake in Sinclair Broadcast
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08:02 EDTSBGISinclair Broadcast to close on Allbritton statoins on August 1
Sinclair Broadcast announced that the FCC and the Department of Justice have approved the Company's acquisition of the Allbritton television stations. The company intends to close the transaction on August 1.
July 17, 2014
08:32 EDTSBGISinclair Broadcast launches American Sports Network
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July 15, 2014
11:42 EDTSBGIDoJ requires Sinclair to make divestiture to proceed with Perpetual deal
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09:04 EDTSBGISinclair Broadcast reaches retransmission consent with Buckeye Cable
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