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
Date of Report July 28, 1997 Commission File Number 0-26076
(Date of earliest event reported)
SINCLAIR BROADCAST GROUP, INC.
(Exact name of registrant)
Maryland 52-1494660
(State of organization) (I.R.S. Employer
Identification Number)
2000 West 41st Street,
Baltimore, Maryland 21211
(Address of principal executive offices and zip code)
(410) 467-5005
(Registrant's telephone Number)
Page 1 of 3
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ITEM 5. OTHER EVENTS
The information set forth in the first two paragraphs of Exhibit 99 is
incorporated herin by reference.
ITEM 7. EXHIBITS
Exhibit No.
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99 Press Release by Sinclair Broadcast Group, Inc., dated July 28, 1997.
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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: July 28, 1997
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NEWS RELEASE
July 28, 1997 Contact: David B Amy, Chief Financial Officer
FOR IMMEDIATE RELEASE Patrick Talamantes, Dir. of Corporate Finance
Baltimore, MD Sinclair Broadcast Group, Inc.
(410) 467-5005
UPDATE ON SINCLAIR'S ACQUISITION OF HERITAGE MEDIA TELEVISION AND RADIO STATIONS
BALTIMORE, July 28 / -- Sinclair Broadcast Group, Inc. (Nasdaq-NNM: SBGI)
has previously announced an agreement to purchase the television and radio
stations of Heritage Media, which acquisition is subject to regulatory approval
of the acquisition of Heritage Media by News Corporation. Heritage and News
Corporation issued the following press release today:
"After the close of trading on July 25, 1997, staff of the San Francisco
field office of the Antitrust Division, United States Department of Justice
Antitrust Division, informed Heritage Media Corporation and The News Corporation
that on July 28, 1997 they would forward the recommendation to supervisors in
the Antitrust Division in Washington, D.C., that the Division challenge News
Corporation's acquisition of Heritage under Section 7 of the Clayton Antitrust
Act.
"The Antitrust Division staff requested that Heritage and News Corporation
extend the period of time during which the Antitrust Division must either
challenge the transaction or allow it to close, in order to afford Antitrust
Division supervisory staff time to review the field office recommendation and to
allow Heritage and News Corporation to present their position as to why the
transaction should be allowed to proceed.
"Heritage Media and News Corporation will grant this extension and
vigorously pursue the approval of the acquisition by the Department of Justice."
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