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Sinclair Broadcast To Pay Down Debt
By: MarketMinute.com Stock News
Posted on August 21, 2009 at 13:43 PM EDT

Sinclair Broadcast Group Inc. (Nasdaq: SBGI) reached a tentative agreement with debt holders to pay down $438 million in senior convertible notes sending the stock price soaring 96 cents to $3.11.

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Sinclair Broadcast Group, Inc.
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