Broadcaster Sinclair Weighs Sale of TV Stations, Other Ventures

Sinclair Inc., one of the largest TV station owners in the US, has begun a strategic review that could result in sale or breakup of the company.

The company said Monday it will evaluate “all value-enhancing opportunities, including acquisitions, strategic partnerships, and business combinations, with potential partners in the broadcast and the broader media and technology ecosystem.”

The broadcaster, based in Hunt Valley, Maryland, owns 178 stations in 81 markets. Sinclair is also weighing a spinoff of its ventures operation, which includes the Tennis Channel and a digital advertising agency. The unit also holds cash, private equity investments in ...