-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J2OjmXQmhNpOhH4RgI1nn8Jn7Ej/4iv1YB4Sn01l/noU6VJsNfYPrcCKWKcXHE61 7nqpY7DHuAoIu53vzvwLgw== 0001005150-97-000672.txt : 19970912 0001005150-97-000672.hdr.sgml : 19970912 ACCESSION NUMBER: 0001005150-97-000672 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970716 ITEM INFORMATION: FILED AS OF DATE: 19970903 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: SINCLAIR BROADCAST GROUP INC CENTRAL INDEX KEY: 0000912752 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 521494660 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-26076 FILM NUMBER: 97674515 BUSINESS ADDRESS: STREET 1: 2000 WEST 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 BUSINESS PHONE: 4104675005 MAIL ADDRESS: STREET 1: 2000 W 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 8-K 1 FORM 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 JULY 16, 1997 ----------------------- (Date of earliest event reported) SINCLAIR BROADCAST GROUP, INC. (Exact name of Registrant as specified in its charter) MARYLAND 33-69482 52-1494660 (State of incorporation) (Commission File Number) (IRS Employer Identification Number) 2000 W. 41st Street, Baltimore, Maryland 21211-1420 ------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (410) 467-5005 ================================================================================ ITEM 5. OTHER EVENTS Wholly-owned subsidiaries of Sinclair Broadcast Group, Inc. (together with its wholly-owned subsidiaries, the "Company") have entered into an asset purchase agreement with SFX Broadcasting, Inc. ("SFX"), pursuant to which the Company will sell to SFX the assets relating to the operation of Nashville radio stations WJZC-FM, WLAC-FM and WLAC-AM (the "Stations"). Under the agreement, SFX will pay to Sinclair an aggregate consideration of $35 million in cash for the Stations or, at Sinclair's option, assets that both SFX and Sinclair agree have a fair market value equal to $35 million. The sale of the Stations is conditioned on the approval of each of the Department of Justice and the Federal Communications Commission and is expected to close after the end of this calendar year. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SINCLAIR BROADCAST GROUP, INC. BY: /s/ DAVID B. AMY ------------------------------------ David B. Amy Chief Financial Officer/ Principal Accounting Officer Dated: August 28, 1997 -----END PRIVACY-ENHANCED MESSAGE-----