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PostPosted: Mon Jul 23, 2018 4:07 pm 
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Joined: Tue Jul 19, 2011 3:45 am
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Gotta love deregulation & dysfunction

Sinclair Made Last Ditch Effort to Head Off FCC Hearing

But exec told FCC chairman company wasn't pulling plug on entire deal

FCC chair Ajit Pai phoned Sinclair EVP and general counsel Barry Faber midweek (July 18) to let the company know that just withdrawing the three TV station sale applications that appeared to be sweetheart deals was not going to head off an administrative hearing on the proposed Tribune merger, with which the FCC had big problems.

But Faber told Pai the company was not planning to cancel the deal last week, saying that would require board approval it did not have and signaled it should not have to because it had never hidden or mischaracterized the structure of the deal.

https://www.broadcastingcable.com/news/ ... ff-hearing


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