xml:space="preserve">
Advertisement

Sinclair Broadcast closes on $115 million Titan TV station deal

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.

Advertisement

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.

Advertisement

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.

Advertisement
YOU'VE REACHED YOUR FREE ARTICLE LIMIT

Don't miss our 4th of July sale!
Save big on local news.

SALE ENDS SOON

Unlimited Digital Access

$1 FOR 12 WEEKS

No commitment, cancel anytime

See what's included

Access includes: