FCC pauses review of Sinclair's plan to buy Tribune Media Co


The Federal Communications Commission said on Thursday that it was pausing its review of Sinclair Broadcast Group Inc’s plan to buy Tribune Media Company .

FILE PHOTO: The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington

WASHINGTON: The Federal Communications Commission said on Thursday that it was pausing its review of Sinclair Broadcast Group Inc’s plan to buy Tribune Media Company .

The agency said that its review would entail evaluating Sinclair’s offer of divestitures, and that because the agency would need an opportunity “to fully review them,” it paused its informal 180-day transaction clock.

Rupert Murdoch-controlled Twenty-First Century Fox Inc is in talks to buy about 10 television stations from Sinclair as part of the divestiture, two sources familiar with the situation told Reuters this week.

(Reporting by Diane Bartz, editing by G Crosse)



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