Sinclair Broadcast Group looking to sell over 30% of its stations

Sinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its footprint, including over 60 stations in various regions. The company is willing to sell parts of its business to unlock value and de-lever.

Florida Bans Cell-Cultivated Meat Production

Florida has banned and criminalized the production and sale of cell-cultivated meat, which is meat grown from animal cells in a production facility.

Sale of Minority Stake in The Daily Beast

Barry Diller sells minority stake in The Daily Beast to Ben Sherwood and Joanna Coles, securing the future of the publication. Sherwood to serve as publisher and CEO, Coles as chief creative and content officer. The deal aims to revitalize the outlet through subscriptions, advertising, and events.

NHL's Arizona Coyotes Moving to Utah

The NHL's Arizona Coyotes are reportedly moving to Utah after a sale to the owners of the NBA's Utah Jazz. The team will play in Salt Lake City at the Delta Center but will need renovations for long-term stay. The Coyotes have faced instability since bankruptcy in 2009 and losing their arena lease in 2022.

Death of Baltimore Orioles owner Peter Angelos

Longtime Baltimore Orioles owner Peter Angelos dies at age 94. The franchise is now back as one of the league's best. The Angelos family agreed to sell the club to private equity billionaires David Rubenstein and Mike Arougheti.

U.S. Steel sale to Nippon Steel

Last year U.S. Steel was sold to Nippon Steel, a Japanese steel company, marking a significant shift from its position as the biggest company in the country.

TikTok Sale Bill Approved by House

The House approved a bipartisan bill requiring TikTok's parent company to sell the app or face a ban on U.S. devices.