FCC Chairman: White House Called on SBGI/TRCO Deal

8/16/18

By Jason Aycock, SeekingAlpha

Facing questions by the Senate, FCC Chairman Ajit Pai says the White House called to inquire about a proposed (and now scuttled) merger between Sinclair Broadcast Group (SBGI +1.4%) and Tribune Media (NYSE:TRCO).

White House Counsel Don McGahn "saw something in the news and wanted to know what our decision was," Pai said, though he says McGahn didn't express an opinion about the deal.

That call came around the same time that Pai reversed course and expressed "serious concerns" about the merger before urging commissioners to refer the merger to an administrative law judge. That decision was sharply criticized by President Trump, who called for a "much needed" conservative media voice.

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