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Sinclair Broadcast Group Inc.
Sinclair Broadcast to buy Las Vegas NBC station for $120 million
Sinclair Broadcast to buy Las Vegas NBC station for $120 million

Sinclair Broadcast Group Inc. has agreed to acquire NBC affiliate KSNV in Las Vegas for $120 million, the Hunt Valley-based broadcaster said Wednesday. The purchase from Intermountain West is expected to close in the first quarter of 2015. The addition of KSNV to a Sinclair-owned CW station and MyNetwork station in Las Vegas means the broadcaster's news footprint will cover all major cities in Nevada, said Steve Pruett, co-COO of Sinclair's television group. The company plans to sell the Federal Communications Commission license and related assets, but not the programming, of one of the three Las Vegas properties to comply with regulatory requirements. By continuing to...

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