Sinclair Faces Federal Resistance Over Proposed Purchase of Tribune Media

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Sinclair Broadcast Group Inc. is encountering resistance from the Federal Communications Commission as it seeks approval for its $3.9 billion acquisition of Tribune Media Co.

At issue is Sinclair’s proposed plan to spin off Tribune-owned television stations in New York and Chicago so that it will be in compliance with the FCC’s ownership regulations, people familiar with the matter said. The FCC, which has a broad mandate to review whether the combination of the broadcasters would be in the public interest, is pushing back…

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