Sinclair Taps Moelis For Sale of Some Stations

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Sinclair Broadcast Group has hired Moelis & Company as its financial advisor as it looks into the potential sale of WHP Harrisburg, WMMP Charleston and WABM Birmingham, along with the right to provide services to WLYH in Harrisburg.

In July 2013, Sinclair agreed to acquire Allbritton, and its centerpiece WJLA Washington, a $985 million deal and the largest of Sinclair’s numerous acquisitions. It continues to await regulatory approval.

Sinclair suggested to the FCC that it would sell the stations to ease along the approval of its pending Allbritton Communications acquisition.

Michael Malone
Michael Malone

Michael Malone is content director at B+C and Multichannel News. He joined B+C in 2005 and has covered network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television, including writing the "Local News Close-Up" market profiles. He also hosted the podcasts "Busted Pilot" and "Series Business." His journalism has also appeared in The New York Times, The L.A. Times, The Boston Globe and New York magazine.