Sinclair Broadcasting acquires 20 more TV stations
Source: Seattle Times
Fisher Broadcasting, owner of Seattle’s KOMO-TV and 19 other television stations, has agreed to be acquired for $373 million in cash by Sinclair Broadcast Group.
Fisher has long been under pressure from major shareholders to find a buyer, and announced in January it had hired advisers to explore its options. The company said the transaction, which will pay shareholders $41 for each Fisher share, represents a 44 percent premium to its stock price in early January.
Read more: http://seattletimes.com/html/businesstechnology/2020756564_fisherbroadcastingxml.html
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Earlier: Ohio TV Anchor On Anti-Obama 'Special': 'I Had No Choice'
http://www.democraticunderground.com/1014294117
An Ohio local TV news anchor who participated in an anti-Obama program on the eve of election day took to social media on Tuesday to defend herself from critics. Yolanda Harris, an anchor at ABC affiliate WSYX in Columbus, insisted several times that she “had no choice in the matter.”
As TPM reported, WSYX was one of at least three television stations operated by the Sinclair Broadcast Group that aired “election specials” Monday night. The specials featured segments and packages produced by the parent company but presented by local news teams. While not completely devoid of positive talk about Obama, the programs featured some of the most partisan criticisms of the President and little, if any, criticism of Republican nominee Mitt Romney.
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