THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Thursday, March 30, 1995 TAG: 9503300352 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Daily Digest LENGTH: Short : 20 lines
Sinclair Broadcast Group Inc., a Baltimore-based TV-station chain that bought WTVZ-TV of Norfolk in January for $47 million, filed plans for an initial public stock offering of 3.75 million shares. At a planned price of about $20 a share, the offering would raise close to $70 million, after underwriting expenses. Smith Barney Inc. is the lead underwriter. Sinclair owns, operates or provides programming services to 11 TV stations in seven markets. (Staff) by CNB