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Volume 25 No. 237
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Sinclair Taking On Significant Debt To Complete Purchase Of RSNs

Sinclair Broadcasting Group is "taking on a significant amount of debt" to secure its deal to buy 21 RSNs from Disney for $10.6B , having borrowed $8.2B, or more than 80% of the purchase price, to "complete the acquisition," according to Draper & Lee of the N.Y. TIMES. Sinclair said that it wo...

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