Friday, June 2, 2017

Sinclair's acquisition of Tribune faces first legal roadblock

Sinclair Broadcast Group Inc.’s planned acquisition of Tribune Media Co. faced its first hurdle Friday after the D.C. Court of Appeals temporarily put a halt to the Federal Communications Commission’s implementation of a controversial regulation. In response to an emergency motion filed by a nonprofit organization called Free Press, the court issued an administrative stay against the FCC’s April 20 order reinstating the so-called UHF discount. The discount affects how broadcasters calculate their…



from http://www.bizjournals.com/baltimore/news/2017/06/02/sinclairs-acquisition-of-tribune-faces-first-legal.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/161357977962

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