Skip to main content

Originally published April 12, 2013 at 5:33 PM | Page modified April 12, 2013 at 5:34 PM

  • Share:
  • Comments (0)
  • Print

Sinclair stock soars after news of Fisher deal

Seattle Times business staff

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >


Wall Street likes Sinclair Broadcasting’s $373 million purchase of Seattle-based Fisher Communications enough to push its market capitalization up by $467 million.

Following the Thursday premarket announcement, Sinclar shares rose 28 percent or $5.77 over two sessions to close at $26.70 Friday. That gave the Maryland operator of TV stations a market cap of $2.2 billion.

Fisher shares, which closed at $38.92 before the deal was disclosed, ended Thursday at $41.09 and were little changed Friday.

News where, when and how you want it

Email Icon

 Subscribe today!

Subscribe today!

99¢ for four weeks of unlimited digital access.



Partner Video

The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited content access is included with most subscriptions.

Subscriber login ►