Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the “Company” or “Sinclair”) announced that it has closed on the purchase of four television stations owned by Cox Media Group (“CMG”) for �$99.0 million �less �$4.3 million �of working capital adjustments and an agreement to provide sales services to one other station. The Company funded the transaction through cash on hand. The CMG stations owned and operated, programmed or provided sales services to are:
Station
Affil.
Market
DMA
KFOX
FOX
El Paso, TX
91
WJAC
NBC
Johnstown/Altoona, PA
102
KRXI
FOX
Reno, NV
108
KAME
MNT
Reno, NV
108
WTOV
NBC
Wheeling, WV/Steubenville, OH
158
(1) � � Represents television designated market areas according to the Nielsen Company (“Nielsen”). The numbers in the column represent the ranking in terms of size of the DMA out of the 210 generally recognized DMAs in �the United States.