• FCC raises concerns about Sinclair-Tribune deal, shares fall

    5 monthes ago - By Reuters

    Federal Communications Commission Chairman Ajit Pai questioned Sinclair Broadcast Group Inc's proposed $3.9 billion acquisition of Tribune Media Co , in a surprise decision that could potentially scuttle the deal and sent shares of both companies tumbling.
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  • FCC head has 'serious concerns' with Sinclair-Tribune deal

    5 monthes ago - By Chron

    NEW YORK - The chairman of the Federal Communications Commission is raising "serious concerns" about Sinclair's $3.9 billion deal for Tribune's television stations.
    Sinclair wants to buy Tribune Media and its 42 TV stations, including KTLA in Los Angeles and WPIX in New York. To address potential antitrust concerns, Sinclair has said it would sell stations to several buyers.
    FCC Chairman Ajit Pai says Sinclair might still be able to operate the stations "in practice, even if not in name." One potential buyer is the Cunningham Group, which has ties to Sinclair's founding family.
    Pai is...
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  • FCC Chairman Pai Cites 'Serious Concerns' About Sinclair-Tribune Deal

    FCC Chairman Pai Cites 'Serious Concerns' About Sinclair-Tribune Deal

    5 monthes ago - By NPR

    The news could put in jeopardy plans by Sinclair - already the nation's largest TV station owner - to grown even bigger.
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  • ‘Serious concerns' at FCC threaten to halt Sinclair-Tribune merger

    5 monthes ago - By Tech Crunch

    The FCC has been under serious scrutiny by citizens, advocates, and politicians alike due to its laissez-faire attitude towards, in particular, the proposed Sinclair Broadcasting merger with Tribune. But the agency is showing some backbone today with a no-nonsense declaration that the merger can't go through unless a few “serious concerns” are addressed. It's not the outright disapproval many have recommended, but it's better than an unconditional green light.
    In a short memo posted to the agency's site , FCC Chairman Ajit Pai explained that even under his notoriously deregulatory regime...
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  • FCC chief says he has 'serious concerns' about Sinclair: Tribune deal

    5 monthes ago - By Reuters

    Federal Communications Commission Chairman Ajit Pai said on Monday he has "serious concerns" about Sinclair Broadcast Group Inc's proposed $3.9 billion acquisition of Tribune Media Co, an announcement that could scuttle the deal.
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  • FCC Deals a Blow to Sinclair's Proposed $3.9 Billion Merger With Tribune Media

    5 monthes ago - By Fortune

    Federal Communications Commission Chairman Ajit Pai has “serious concerns” about the Sinclair Broadcast Group's proposed acquisition of Tribune Media, Politico reports, raising the possibility that the news mega merger is doomed.
    The chairman said on Monday that he proposed putting the $3.9 billion deal under review by an administrative law judge, a lengthy process that typically signs the death sentence of most corporate deals.
    Sinclair is already the U.S.'s largest TV station owner, with over 170 stations nationwide. Acquiring Tribune Media would add 42 stations to the conservative...
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  • FCC chairman Ajit Pai has “serious concerns” over Sinclair merger

    5 monthes ago - By Fast Company

    In a surprising announcement, FCC chairman Ajit Pai is pumping the brakes on Sinclair Broadcasting Group's planned acquisition of Tribune Media.
    FCC chairman Ajit Pai has expressed “serious concerns” over Sinclair Broadcasting Group's planned acquisition of Tribune Media, stating the matter is in the process of being presented before an administrative law judge.
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  • FCC chairman has ‘serious concerns' about the Sinclair-Tribune merger and could seek to block the deal

    5 monthes ago - By Washington Post


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  • FCC chairman says he has 'serious concerns' about Sinclair's Tribune deal

    5 monthes ago - By Reuters

    Federal Communications Commission Chairman Ajit Pai said on Monday he has "serious concerns" about Sinclair Broadcast Group Inc's proposed $3.9 billion acquisition of Tribune Media Co , an announcement that could scuttle the deal.
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  • Tribune Media plunges after FCC says it has 'serious concerns' about Sinclair's $3.9 billion purchase of the company

    Tribune Media plunges after FCC says it has 'serious concerns' about Sinclair's $3.9 billion purchase of the company

    5 monthes ago - By Business Insider

    Sinclair's $3.9 billion takeover of Tribune Media may be in jeopardy.
    Trading of Tribune stock was halted twice as it fell more than 17% Monday following comments from the FCC.
    "Based on a thorough review of the record, I have serious concerns about the Sinclair/Tribune transaction," chairman Ajit Pai said in a statement.
    Follow Tribune Media's stock price in real-time here.
    Shares of Tribune Media plunged as much as 17% Monday after the Federal Communications Commission said it had serious concerns about its proposed acquisition by Sinclair Broadcasting Group.
    "Based on a thorough review...
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  • FCC chairman expresses ‘serious concerns' about Sinclair-Tribune merger, saying combined entity would control too many TV stations

    5 monthes ago - By Washington Post


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  • Tribune Media plunges after FCC says it has 'serious concerns' about Sinclair's $3.9 billion purchase of the company

    Tribune Media plunges after FCC says it has 'serious concerns' about Sinclair's $3.9 billion purchase of the company

    5 monthes ago - By Business Insider

    Sinclair's $3.9 billion takeover of Tribune Media may be in jeopardy.
    Trading of Tribune stock was halted twice as it fell more than 17% Monday following comments from the FCC.
    "Based on a thorough review of the record, I have serious concerns about the Sinclair/Tribune transaction," chairman Ajit Pai said in a statement.
    Follow Tribune Media's stock price in real-time here.
    Shares of Tribune Media plunged as much as 17% Monday after the Federal Communications Commission said it had serious concerns about its proposed acquisition by Sinclair Broadcasting Group.
    "Based on a thorough review...
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  • FCC chairman has 'serious concerns' about Sinclair Tribune merger

    5 monthes ago - By Reuters

    Federal Communications Commission chairman Ajit Pai said Monday he has "serious concerns" about Sinclair Broadcast Group Inc's proposed $3.9 billion acquisition of Tribune Media Co and called for a hearing to review some disputed issues.
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