Sinclair Broadcast Group Inc. has closed on its planned purchase of four television stations owned by Titan Television Broadcast Group for $115.35 million.
As part of the deal, Hunt Valley-based Sinclair took over Titan's agreements to provide sales and other services to two additional stations.
Sinclair, which has been on a tremendous buying binge, funded the deal with cash.
The Titan portfolio includes three Fox affiliates, in the Fresno/Visalia, Calif., market, in Omaha, Neb., and in Sioux City, Iowa; a CBS affiliate in Sioux City and two CW affiliates, in Fresno and in Omaha.
Once all the recently announced deals are finalized, Sinclair will own and operate, program or provide sales services to 162 television stations in 77 markets.Copyright © 2014, The Baltimore Sun