FCC chair to kill Sinclair-Tribune merger

FCC chair to kill Sinclair-Tribune merger

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnet.com/news/fcc-chair-to-kill-sinclair-tribune-merger/

Sinclair Broadcasting's proposed $3.9 billion merger with Tribune Media may not be a done deal after all, as the Federal Communications Commission prepares to block the deal.

FCC Chairman Ajit Pai said in a statement Monday that he has "serious concerns" over the merger. It would create one of the largest broadcasting companies in the country and further consolidate the power of Sinclair, which owns nearly 200 local stations throughout the US and is well known for its conservative views. Pai said he's concerned with key parts of the deal and plans to have an administrative law judge review the merger, which is usually the first step the FCC takes when it prepares to block an acquisition.