Sinclair Broadcast Group Inc. said Wednesday that the company’s national headquarters will remain in Hunt Valley and expand as it moves to complete its $3.9 billion planned takeover of Tribune Media Co.
Sinclair said it plans to invest $12 million to accommodate an expansion that could double the number of employees to 700 by 2024.
The jobs, however, are contingent on its acquisition of Tribune Media, a deal that would make Sinclair the nation’s largest broadcaster if approved by federal regulators.
The Federal Communications Commission is holding a hearing Thursday on TV station ownership rules that could affect the proposed acquisition.
Tribune Media was formed...