Salt Lake City’s KSTU Fox 13 television is one of seven television stations being sold by Sinclair Broadcast Group to media company Twenty-First Century Fox. The companies set the sale price at $910 million in a release last week. It includes stations in Miami, Denver, Seattle, Cleveland and in San Diego and Sacramento, California.
The deal comes as Sinclair is selling some of its stations to meet regulatory approval for its pending $3.9 billion acquisition of Tribune Media. Meanwhile, Disney is pursuing a $52 billion takeover of much of Fox, though TV stations will stay with Rupert Murdoch’s family under a new Fox company.
Fox said the deal will let it compete in 19 of the top 20 markets, with a larger presence in the West. In April, Sinclair agreed to sell nine TV stations to Standard Media Group for $442 million.
Both Sinclair deals are contingent on the acquisition of Tribune Media closing. The Fox deal is expected to close in the second half of the year.