Tegna, Sinclair and Merger
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Sinclair, a major local TV station group, announced that its board has authorized a "comprehensive strategic review" for its broadcast business, including potential sales and acquisitions.
Sinclair said on Monday its board has authorized a strategic review of the company's broadcast business and it is considering a separation of its Ventures portfolio, sending its shares up 15% in extended trading.
Hunt Valley-based Sinclair Inc. is gearing up to join an expected wave of broadcast industry mergers and acquisitions, signaling it could buy or sell TV stations or seek new business partners.
Robbins last worked as vp and general manager of Sinclair's Baltimore stations, WBFF-WNUV-EBFF. He joined Sinclair in 2003 as general sales manager in Baltimore, before being elevated to station manager and then vp and gm in 2021.
Sinclair Inc. (SBGI) soars 20% premarket as it announces a strategic review, exploring acquisitions, partnerships, and a potential Ventures spin-off.
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Investor's Business Daily on MSNStocks With Rising Relative Price Strength: HF Sinclair
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. HF Sinclair DINO just hit that mark, with a jump from 75 to 81 Wednesday. Please watch the video at Investors.com - Find Top Growth Stocks With The IBD Screen Of The Day
The three broadcast companies divide Portland's TV market.
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WPEC CBS 12 on MSN'Sinclair's Pharmacy': Woman arrested after guns, drugs found in home, per deputies
A 63-year-old woman is behind bars after authorities discovered a stash of guns and an illegal home pharmacy inside her residence.