Sinclair-Tribune deal shifts DOJ decision deadline to Feb. 11

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Sinclair Broadcast Group has extended the deadline for the Justice Department’s decision regarding its proposed $3.9 billion acquisition of Tribune Media. In an SEC filing, Sinclair and Tribune said that they had agreed to not consummate the merger before Jan. 30, 2018, but now that deadline has been moved to Feb. 11, 2018. Tribune and Sinclair also agreed to provide 10 days’ notice to the DOJ before closing the merger.

The development comes after the Federal Communications Commission, which is also evaluating the deal, paused its review process in Jan. Sinclair’s bid for Tribune is reportedly on track for DOJ approval, but the company and the government agency are reportedly still discussing Sinclair divesting television stations in order to reduce its market control and national audience reach.


Sinclair-Tribune deal shifts DOJ decision deadline to Feb. 11