Sinclair Broadcast Group Inc.’s planned acquisition of Tribune Media Co. may be getting closer to gaining regulatory approval. The U.S. Department of Justice has signaled that it will approve the $3.9 deal on the condition that Hunt Valley-based Sinclair sell off 12 or 13 stations, according to a Wall Street Journal report. Through the acquisition of Chicago-based Tribune (NYSE: TRCO), Sinclair will add 42 stations in 33 markets, giving the broadcaster a total of 233 stations across 108 markets…
from https://www.bizjournals.com/baltimore/news/2017/12/15/sinclair-tribune-sale-justice-department.html?ana=RSS&s=article_search
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