Rupert Murdoch

FCC delays review of Sinclair Broadcast's acquisition of Tribune Media

FCC delays review of Sinclair Broadcast's acquisition of Tribune Media

For a second time, federal regulators have delayed their review of Sinclair Broadcast Group Inc.’s proposed $3.9 billion takeover of Tribune Media, this time to allow Sinclair to evaluate potential sales of TV stations.

The Federal Communications Commission said late Thursday it stopped its self-imposed “shot clock” on the review as of Jan. 4 to allow for a more thorough analysis. The commission had set a goal of completing its review in 180 days or by the middle of next week.

Hunt Valley-based Sinclair told the FCC Jan. 4 that it “was evaluating divestitures” to comply with TV station ownership rules, according to a letter sent to the company Thursday by Michelle M. Carey,...

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