Sinclair Placed Top Bid as Fox RSN Auction Came to End

4/21/19

By Jason Aycock, SeekingAlpha

Bidding for the former Fox regional sports networks is at its endgame, and Fox Business says Sinclair Broadcast Group (NASDAQ:SBGI) has placed the top bid.

Bankers accepted final bids this week from the wide range of suitors involved in the bidding, which aside from Sinclair included Liberty Media (NASDAQ:FWONA), Major League Baseball and Ice Cube's Big3 basketball league.

MLB pulled out as a solo bidder and joined with John Malone's Liberty bid, according to the report.

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