WMDT sold for $9M to Md. group

After being owned by the same company for more than 30 years, WMDT Channel 47 has been sold. The agreement with Maryland media company Marquee Broadcasting Inc. was made last week, but still requires approval by the Federal Communications Commission. (Daily Times)

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Sinclair completes $373M purchase of Fisher Communications

Sinclair Broadcast Group Inc. has completed its $373.3 million acquisition of Fisher Communications Inc., the Seattle owner of TV and radio stations. Sinclair (NASDAQ: SBGI) picks up 22 TV stations in Washington, Oregon, Idaho and California, including Seattle ABC affiliate, KOMO. The Hunt Valley broadcaster is also acquiring four radio stations in Seattle as part of the deal announced in April. (Balt. Bus. Journal)

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Business district in Catonsville community welcomes revitalization

Residents of the Catonsville community of Paradise have started a movement to help the community live up to its inviting name. That effort received a boost on July 24 during a sidewalk auction on the south side of Frederick Road. (Balt. Sun)

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Walker & Dunlop’s profit soars 

Walker & Dunlop Inc., of Bethesda, a real estate lender focused on multifamily loans, said its second-quarter net income rose 52.5 percent to $14.5 million, or 42 cents per diluted share, from $9.3 million, or 42 cents per diluted share, in the 2012 quarter. (Daily Record)

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A second tenant planned for Annapolis' outer West St building

A new retail tenant is coming to the former Gold’s Gym building on West Street, making it the structure’s second occupant. Construction has been ongoing at the 26,000-square-foot building at 1127 West St. It has been vacant for three years and its first tenant anticipates a fall opening. (Capital)

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Plastics recycling firm relocating to Design District

Bach Polymers LLC, an Annapolis plastics recycling firm, is moving its offices to 111 Chinquapin Round Road. The company is moving from 603 Admiral Drive to the city's Design District for its “combination of contemporary space, easy access to downtown and major highways,” according to Bach Polymers President Tom Bach. (Capital)

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August 8 // City Council committee approves aid for Harbor Point

After hearing from scores of citizens opposed to the deal, a Baltimore City Council committee approved a plan Wednesday night to give millions in taxpayer assistance to the $1.8 billion Harbor Point development. The 3-0 vote came over the objections of protesters who demonstrated outside City Hall. A disgusted Councilman Carl Stokes, the committee chairman who has fought the subsidies, left the room as the vote was being called. (Balt. Sun)

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Severna Park company Dynasplint lays off 500 after loan foreclosure

Severna Park company Dynasplint Systems Inc. laid off 500 employees, including about 250 in Maryland, on Tuesday after its lender moved to foreclose on its property, including cash that was to cover payroll. (Balt. Sun)

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