Sinclair Closes on Sale of WGGB-TV in Springfield-Holyoke, MA

Sinclair Closes on Sale of WGGB-TV in Springfield-Holyoke, MA

BALTIMORE, Nov. 1 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) announced today that it has closed on the sale of the assets of WGGB-TV (ABC 40) in the Springfield-Holyoke, MA market to Gormally Broadcasting, LLC for $21.2 million in cash.

Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 57 television stations in 35 markets. Sinclair's television group reaches approximately 22% of U.S. television households and is affiliated with all major networks.

First Call Analyst: Justin Schreiber
FCMN Contact:

Source: Sinclair Broadcast Group, Inc.

CONTACT: David Amy, EVP & CFO, or Lucy Rutishauser, Treasurer,
+1-410-568-1500, both of Sinclair Broadcast Group, Inc.

Web site: http://www.sbgi.net/

Company News On-Call: http://www.prnewswire.com/comp/110203.html

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Profile: International Entertainment