Hunt Valley News
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Shares in Sinclair Broadcast Group Inc., owner of stations reaching more than a third of U.S. television households, fell in New York trading after announcing a stock offering to raise money, diluting investors’ stakes.
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Sinclair Broadcast Group Inc. shares rose 8.5 percent after the company agreed to buy Fisher Communications Inc., continuing a TV-station acquisition spree that’s designed to boost cash flow and capture key markets.
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News Corp.’s Fox network will go off the air and become a cable channel if U.S. courts don’t stop Internet startup Aereo Inc. from retransmitting shows like “The Simpsons” without permission, said Chief Operating Officer Chase Carey.
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Sinclair Broadcast Group Inc., a television broadcaster, is seeking $1 billion in loans to refinance debt, the company said today in statement distributed by PR Newswire.
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Sinclair Broadcast Group Inc. and Time Warner Cable Inc. reached an agreement in their dispute over retransmission fees, ensuring uninterrupted service to about 4 million customers.
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Icon Health & Fitness Inc., the Logan, Utah-based maker of exercise equipment, is marketing debt as yields on speculative-grade corporate securities fall to the lowest in more than three years.
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Whiting Petroleum Corp. , the Denver-based oil and gas company, is marketing debt amid concern that surging issuance will push relative yields higher.
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Omega Healthcare Investors Inc., a real-estate investment trust targeting the long-term care industry, got $700 million of bank loans to replace debt obtained last year.
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Time Warner Cable Inc. , locked in a dispute over fees with Sinclair Broadcast Group Inc. , rejected a proposal by the TV-station operator, leading to a possible blackout at the end of the year.
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DirecTV reached an agreement with Hearst Corp.’s television division, averting the loss of local TV stations to its satellite-TV customers.
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