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KM Financial Solutions | UPDATE 3-FCC raises concerns about Sinclair-Tribune deal, shares fall
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UPDATE 3-FCC raises concerns about Sinclair-Tribune deal, shares fall

15 Jul UPDATE 3-FCC raises concerns about Sinclair-Tribune deal, shares fall

Posted at 19:21h in News by
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Federal Communications
Commission Chairman Ajit Pai questioned Sinclair Broadcast Group
Inc’s proposed $3.9 billion acquisition of Tribune
Media Co, in a surprise decision that could potentially
scuttle the deal and sent shares of both companies tumbling.

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