Suddenly, Time Is Of Essence for Sinclair/Tribune
[Commentary] It makes sense for Sinclair to keep things rolling at the Federal Communications Commission and close on the Tribune merger before a possible adverse court ruling on the FCC's UHF discount, which could come in August or September. I think that Sinclair now understands the urgency. The regulatory and legal picture is complicated. But under all the scenarios, its chances improve the quicker it moves with the Fox deal, the FCC process and the closing.
Suddenly, Time Is Of Essence for Sinclair/Trib