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FCC raises concerns about Sinclair-Tribune deal, shares fall

28 days 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

28 days ago   |   By Star Tribune


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

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

28 days 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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Sinclair-Tribune Media merger in jeopardy after FCC chair expresses 'serious concerns'

28 days ago   |   By Chicago Tribune

Federal Communications Commission Chairman Ajit Pai issued a statement Monday expressing “serious concerns” about the proposed merger of Sinclair Broadcast Group and Chicago's Tribune Media, putting the $3.9 billion deal in jeopardy. “The evidence we've received suggests that certain station divestitures...
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FCC chief says he has 'serious concerns' about Sinclair: Tribune deal

28 days 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

28 days 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 says he has 'serious concerns' about Sinclair's Tribune deal

29 days 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

29 days 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

29 days 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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