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Published on 3/20/2009 in the Prospect News Special Situations Daily.

Gamco sells 280,800 shares of Sinclair Broadcast Group

By Lisa Kerner

Charlotte, N.C., March 20 - Sinclair Broadcast Group, Inc. investors led by Gamco Asset Management Inc. reported the sale of 280,800 shares of the company's common stock between Jan. 20 and March 19.

The shares were sold for $0.9001 to $2.25 each, according to a schedule 13D/A filing with the Securities and Exchange Commission.

Following the transactions, the investors own 2,775,747 shares, or 5.87%, of the Hunt Valley, Md.-based television broadcaster's common stock.


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