Fox Business: Tribune Considers Exit of Sinclair Deal

7/19/18

By Jason Aycock, SeekingAlpha

Tribune Media (NYSE:TRCO) is considering pulling out of its $3.9B agreement to sell to Sinclair Broadcast Group (NASDAQ:SBGI), Fox Business' Charlie Gasparino reports.

That comes after the FCC voted unanimously to send the deal to a hearing.

A review with an administrative law judge would push the deal months later and could very well doom it.

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