FCC delays review of Sinclair Broadcast/Tribune Media deal

Federal regulators have for a second time delayed their review of Sinclair Broadcast Group Inc.’s proposed $3.9 billion takeover of Tribune Media, this time to allow Sinclair to evaluate potential sales of TV stations. The Federal Communications Commission said Thursday it stopped its self-imposed “shot clock” on the review as of Jan. 4 to allow for a more thorough analysis. The commission had set a goal of completing its review in 180 days or by the middle of next week. (Balt. Sun)

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