FOR IMMEDIATE RELEASE
SINCLAIR ANNOUNCES RESULTS OF SPECTRUM AUCTION
BALTIMORE (February 9, 2017) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that it expects to receive an estimated $313 million of gross proceeds from the National Broadband Plan Spectrum Auction. The results of the auction are not expected to produce any material change in operations or results for the Company. The proceeds are expected to be received later this year.
Read more…Auction Results final