Sinclair's merger with Tribune is in jeopardy

Sinclair's merger with Tribune is in jeopardy

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnet.com/news/sinclair-broadcast-group-merger-with-tribune-media-is-in-jeopardy/

The Federal Communications Commission is trying to put the kibosh on Sinclair Broadcast Group's controversial $3.9 billion takeover of Tribune Media. But the media giant has vowed to continue its fight.

On Monday, Chairman Ajit Pai said he has "serious concerns" over the merger, a signal the agency will recommend rejecting the deal.