Sinclair /
Sinclair Broadcast
Sinclair, Inc. to become parent of Sinclair Broadcast Group, Inc.
- Terms
- Not stated
- Stage
- Agreement signed
What happened
Sinclair, Inc. and Sinclair Broadcast Group, Inc. entered into a share exchange and plan of reorganization dated April 3, 2023. Sinclair Broadcast Group, Inc. will become a wholly-owned subsidiary of Sinclair, Inc.
The reorganization will exchange each outstanding share of Sinclair Broadcast Group, Inc. common stock for an equivalent share of Sinclair, Inc. common stock.
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Sinclair, Inc. to become parent of Sinclair Broadcast Group, Inc.
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