Contacts: David B. Amy, Vice Chairman
SINCLAIR BROADCAST GROUP’S INVESTMENT GROUP, KEYSER CAPITAL, SELLS ALARM FUNDING ASSOCIATES
Baltimore, MD (March 7, 2017) – Sinclair Broadcast Group, Inc. (the “Company” or “Sinclair”) (NASDAQ: SBGI), announced today that its wholly-owned subsidiary, Keyser Capital LLC (“Keyser”), has sold Alarm Funding Associates, LLC (“AFA”) to RPAFA Investors, LLC, an investment vehicle of Riverside Partners, for $200.0 million. AFA is the 20th largest security alarm company in the U.S.
Read more…Alarm funding sale 2017