Trump blasts his own FCC for blocking Sinclair-Tribune merger

Trump blasts his own FCC for blocking Sinclair-Tribune merger

6 years ago
Anonymous $RBasgWKaIV

https://www.cnet.com/news/trump-blasts-his-own-fcc-for-blocking-sinclair-tribune-merger/

President Donald Trump bashed the Federal Communications Commission on Twitter for potentially killing the $3.9 billion megadeal between Sinclair Broadcast Group and Tribune Media.

Last week, FCC Chairman Ajit Pai, a Trump appointee, said he had "serious concerns" about the deal. The five-member commission then voted to refer the merger to an administrative hearing, the first step in a process to challenge the deal. Regulators expressed concern that they had been misled by Sinclair about some of the station divestitures the company had proposed.

Trump blasts his own FCC for blocking Sinclair-Tribune merger

Jul 25, 2018, 6:09pm UTC
https://www.cnet.com/news/trump-blasts-his-own-fcc-for-blocking-sinclair-tribune-merger/ > President Donald Trump bashed the Federal Communications Commission on Twitter for potentially killing the $3.9 billion megadeal between Sinclair Broadcast Group and Tribune Media. > Last week, FCC Chairman Ajit Pai, a Trump appointee, said he had "serious concerns" about the deal. The five-member commission then voted to refer the merger to an administrative hearing, the first step in a process to challenge the deal. Regulators expressed concern that they had been misled by Sinclair about some of the station divestitures the company had proposed.