The FCC has voted to adopt a hearing designation order on Sinclair Broadcast Group's (NASDAQ:SBGI) $3.9B buyout of Tribune Media (NYSE:TRCO).
That comes in spite of Sinclair's attempt today to alter divestiture plans to avoid a hearing on the deal. That move came in response to comments from FCC Chairman Ajit Pai that he planned to refer the matter to an administrative law judge, a likely deal killer as it pushes action months into the future.
The vote was unanimous in backing Pai on the hearing.
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