Business > BusinessNews

FCC raises concerns about Sinclair-Tribune deal, shares fall

8 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.
Read more ...

 

FCC head has 'serious concerns' with Sinclair-Tribune deal

8 monthes ago   |   By Star Tribune


Read more ...

 

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

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

8 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.
Read more ...

 

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

8 monthes 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...
Read more ...

 

FCC chief says he has 'serious concerns' about Sinclair: Tribune deal

8 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.
Read more ...

 

FCC Deals a Blow to Sinclair's Proposed $3.9 Billion Merger With Tribune Media

8 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...
Read more ...

 

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

8 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.
Read more ...

 

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

8 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...
Read more ...

 

FCC chairman has 'serious concerns' about Sinclair Tribune merger

8 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.
Read more ...

 


Search by Tags

   BusinessNews      U.S.      Briefing      FCC      Sinclair Broadcast Group      Tribune Media  


Beto O'Rourke Raised $6.1 Million In First 24 Hours After Announcing 2020 Run

Beto O'Rourke Raised $6.1 Million In First 24 Hours After Announcing 2020 Run

He received more money in that time period than any other Democratic candidate who has disclosed fundraising figures. Read more ...

Multiple people are injured in shooting on a tram in the Netherlands, and...

Multiple people are injured in shooting on a tram in the Netherlands, and anti-terror police are investigating

Multiple people are reported injured in a shooting on a tram in the Dutch city of Utrecht on Monday morning. Anti-terror officers have been dispatched to the scene, Dutch media... Read more ...

A man became the first blind person to complete the New York City Half...

A man became the first blind person to complete the New York City Half Marathon with the help of 3 guide dogs who had little running shoes on their paws

Thomas Panek, a 42-year-old man, becomes the first blind person to complete the New York City Half Marathon. He was helped by his three guide dogs Westley, Waffle, and Gus. The... Read more ...

Boeing slides after authorities say Ethiopian Airlines and Lion Air crashes...

Boeing slides after authorities say Ethiopian Airlines and Lion Air crashes have 'clear similarities'

The March 10 Ethiopian Airlines crash that killed all 157 people on board has parallels to the October Lion Air crash of the same Boeing model that killed 189 people, according... Read more ...

Trump's accusations about socialism should be taken seriously - because when...

Trump's accusations about socialism should be taken seriously - because when it comes to business, he's a socialist

President Donald Trump attacked General Motors for idling a factory in Ohio, demanding that the carmaker reopen the plant. GM idled the plant because it was producing a... Read more ...

4 reasons to open the recently refreshed AmEx Gold card, especially if...

4 reasons to open the recently refreshed AmEx Gold card, especially if you're a foodie

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. Business Insider may receive a commission from The Points... Read more ...

The best USB-C hubs you can buy

The best USB-C hubs you can buy

Insider Picks writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through... Read more ...

Kirsten Gillibrand officially announces she's running for president in 2020

Kirsten Gillibrand officially announces she's running for president in 2020

Sen. Kirsten Gillibrand has officially joined the race for president. The New York lawmaker, who faces an already-crowded Democratic field, said in a video released Sunday that... Read more ...

'The Walking Dead' took extra precaution with its kid actors for Sunday's...

'The Walking Dead' took extra precaution with its kid actors for Sunday's dark episode: 'There were 3 levels of conversation that happened'

Warning: There are major spoilers for Sunday's episode of " The Walking Dead ," season nine, episode 14, "Scars." AMC's "TWD" finally revealed how Michonne and Daryl got the... Read more ...

Ethiopian Airlines Black Boxes Show ‘Clear Similarities' With Lion Air...

Ethiopian Airlines Black Boxes Show ‘Clear Similarities' With Lion Air Crash: Official

Both planes were Boeing 737 MAX 8s and both crashed minutes after take off. Read more ...