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Sinclair prices sale of common stock

Sinclair Broadcast Group Inc., of Hunt Valley, a diversified television broadcasting company, said it has priced an underwritten public offering of 18 million shares of common stock at $27.25 per share.

Certain selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 2.7 million shares of stock on the same terms and conditions. Net proceeds are intended to fund pending and future potential acquisitions, and for general corporate purposes.

The offering is expected to close on Tuesday, May 7, 2013, subject to customary closing conditions.