Are Investors Skittish On Sinclair?


With Sinclair Broadcast Group‘s intended acquisition of Tribune Media still cloudy, despite a report in the New York Post that Department of Justice approval would arrive by now, investors may be a bit iced on extending their ownership of Sinclair stock.

At the Closing Bell on Wall Street, shares of SBGI dipped again, and are at their lowest point since mid-September.

This could all change on Wednesday, given Sinclair’s big post-market announcement regarding a divestment deal with Meredith Corp.

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