Wednesday, February 21, 2018

Sinclair lays out plan to sell WGN, other stations to win approval for Tribune deal

Sinclair Broadcast Group Inc. plans to sell Chicago’s WGN-TV and a New York station while placing a package of other TV stations into a trust so it can complete the proposed acquisition of Tribune Media Co. Hunt Valley-based Sinclair has been negotiating a divestiture plan with the Federal Communications Commission and the U.S. Department of Justice, both of which must provide regulatory approval to allow the Tribune deal to move forward. Sinclair’s proposal filed on Wednesday with the FCC lays…



from https://www.bizjournals.com/baltimore/news/2018/02/21/sinclair-lays-out-plan-to-sell-wgn-other-stations.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171140440157

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