Shares of Sinclair Inc (SBGI) soared 11.23% in after-hours trading on Monday, following the company's announcement of a comprehensive strategic review of its business operations. The media company's stock price jump came in response to several potential transformative moves that could reshape its corporate structure.

According to CNBC reports and a company statement, Sinclair is exploring multiple strategic options. The company's board has authorized a review of its core broadcast business, which includes potential mergers. Additionally, Sinclair is considering separating or spinning off its Sinclair Ventures business, a move that could unlock value for shareholders.

These initiatives signal Sinclair's proactive approach to adapting to the evolving media landscape. The potential restructuring could allow the company to focus on its strengths, optimize operations, and potentially create separate entities that might be more attractive to different sets of investors. The market's enthusiastic after-hours response suggests that investors view these strategic considerations positively, seeing them as potential catalysts for growth and increased shareholder value.