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Jon Lafayette

Sinclair Reports Lower Q1 Earnings as It Unwinds Regional Sports Net Unit

Sinclair Diamond Sports Group Diamond Diamond Sports Chris Ripley Bally Sports
Sinclair Broadcast Group headquarters in Hunt Valley, Maryland

Sinclair Broadcast Group reported lower earnings as it proceed to separate itself from its money-losing, bankrupt regional sports networks unit.

The company also announced that it repurchased 3.6 million common shares of stock.

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