Sinclair Broadcast Annual Meeting: Board Returns, Proposals Approved

6/1/17

By Jason Aycock, SeekingAlpha

At its drama-free annual meeting, Sinclair Broadcast Group (SBGI +2%) re-elected its board and ratified other pending proposals.

The board's eight members, including Executive Chairman David Smith, all were returned to their seats.

In addition, shareholders approved: PricewaterhouseCoopers as Sinclair's accountant; a nonbinding advisory vote on executive compensation; a triennial advisory vote for executive compensation; and the company's Executive Performance Formula and Incentive Plan.

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