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Sinclair Acquires Assets of WDKA in Paduca, KY and KBSI in Cape Girardeau, MO

1. Sinclair acquired non-licensed assets of WDKA-TV and KBSI-TV. 2. The deal includes service provision for programming and management.

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FAQ

Why Bullish?

Acquisitions can bolster Sinclair's local market presence and revenue streams, similar to past successful expansions.

How important is it?

The acquisition will likely enhance Sinclair's operational capabilities, influencing investor confidence and stock performance.

Why Short Term?

Immediate asset integration can lead to quicker revenue from local advertising markets.

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DISFOXCMCSA
BALTIMORE--(BUSINESS WIRE)--Sinclair today announced that it has acquired the non-licensed assets of WDKA-TV (Paducah, KY) and KBSI-TV (Cape Girardeau, MO), with an option to acquire all the licensed assets of the stations. Under the terms of the agreement, Sinclair will provide WDKA and KBSI with services including programming, technical, and management. About Sinclair: Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company own.

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