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Friendly buyers step up to help Sinclair shed enough TV stations to appease regulators

Friendly buyers step up to help Sinclair shed enough TV stations to appease regulators

Baltimore-area business executives with intimate ties to Sinclair Broadcast Group have stepped in to help Sinclair win approval to buy two dozen Tribune television stations, a deal that would cement Sinclair’s spot as the nation’s biggest broadcaster.

Hunt Valley-based Sinclair has proposed shedding TV stations in 11 markets to allow the merged company to stay under federal ownership limits as it seeks approval for the $3.9 billion deal.

The company told the Federal Communications Commission that it has buyers for two of the biggest market stations owned by Tribune. It has outlined arrangements in which it would sell a Chicago station to the head of a Towson-based, multi-state...

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