Sinclair Broadcast to buy Fisher Communications for $373 mln

April 11 Thu Apr 11, 2013 9:10am EDT

April 11 (Reuters) - Sinclair Broadcast Group Inc said it will buy TV station operator Fisher Communications Inc for about $373 million.

The offer values Fisher at $41 per share, a premium of 5 percent to the stock's Wednesday closing price.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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