Sinclair explores selling roughly 30% of its broadcast stations, sources say

Sinclair Broadcast Group, a major operator of television stations across the US, is reportedly considering the sale of approximately 30% of its broadcast stations, according to sources familiar with the matter. Sinclair is reportedly operating with the aim of reducing debt and further increasing focus on top markets, streamlining the organization, and furthering growth. The sale would possibly include different types of stations, from those in small markets to others in larger metropolitan areas. However, no official statement has been released and negotiations are ongoing