In new filings, Sinclair Broadcast Group (SBGI +1.2%) is pushing back against critics of its proposed $3.9B takeover of Tribune Media (TRCO +0.1%) and calling for a quick FCC approval of the deal.
"The sky is not falling," Sinclair says in arguing that the deal doesn't violate any rules and that viewers' access to quality local news won't be hurt.
Four shared-services agreements offered up as part of 21 proposed divestitures comply with current law as well as precedent, the company says.