Sinclair Broadcast to trade under new holding company called Sinclair Inc.

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Sinclair Broadcast to trade under new holding company called Sinclair Inc.
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Sinclair Broadcast Group Inc. said Monday it is reorganizing into a new holding company called Sinclair Inc., which will become the publicly traded parent....

Sinclair Broadcast Group Inc.

said Monday it is reorganizing into a new holding company called Sinclair Inc., which will become the publicly traded parent. The company said it owns a range of assets beyond its broadcast business, including software services companies, intellectual property for broadcast technology, and other media and non-media related businesses and assets including real estate, venture capital, private equity, and direct investments.

said Monday it is reorganizing into a new holding company called Sinclair Inc., which will become the publicly traded parent. The company said it owns a range of assets beyond its broadcast business, including software services companies, intellectual property for broadcast technology, and other media and non-media related businesses and assets including real estate, venture capital, private equity, and direct investments.

.’ The stock rose 3% premarket.

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