Friday, May 11, 2018

Sinclair CEO remains confident Tribune acquisition will be completed

CEO Chris Ripley remains confident that Sinclair Broadcast Group Inc.’s heavily scrutinized takeover of Tribune Media Co. will be completed. Ahead of a conference call with analysts on Wednesday, Hunt Valley-based Sinclair announced an agreement to sell seven TV stations to a subsidiary of 21st Century Fox for $910 million as part of a larger move to divest from 23 total stations in order to gain regulatory approval. Ripley told analysts during a conference call Wednesday that the U.S. Department…



from https://www.bizjournals.com/baltimore/news/2018/05/11/sinclair-ceo-remains-confident-tribune-acquisition.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173798823867

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