Sinclair Broadcast Group's (SBGI -0.1%) $3.9B deal to acquire Tribune Media (TRCO +0.1%) may get approval from the Justice Dept. as soon as today or early in the new week, Broadcasting & Cable's John Eggerton reports.
The DOJ's OK should come "anytime," according to the report, and that's what's been holding up a review at the FCC, which stopped its "shot clock" on the deal a couple of weeks ago.
Meanwhile, FCC moves to ease ownership limits that would otherwise restrict the deal have come in for heavy criticism from observers worried the combined entity will have overwhelming broadcast reach in the United States.
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