The Wall Street Journal reports Sinclair Broadcast Group has moved one step closer to closing its long-pending $985 million purchase of the Allbritton family's television holdings on Tuesday, after agreeing to settle an antitrust lawsuit from the Justice Department. The settlement was reached in the wake of Sinclair's agreement, announced last month, to sell one of the stations it is buying from Allbritton, ABC affiliate WHTM Harrisburg, Pa., to Media General for $83.4 million. WSJ subscribers can read the full story here.
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Comments (5)
Cameron Miller says:
July 16, 2014 at 3:37 pm
For those who don’t have a subscription: http://online.wsj.com/articles/sinclair-to-settle-justice-department-lawsuit-1405461659?mod=Business_newsreel_9
Ari Pitchenik says:
July 16, 2014 at 4:23 pm
^ nope, still wants you to log in…
Wagner Pereira says:
July 16, 2014 at 5:58 pm
this will tell you most of the same thing. http://www.insidecounsel.com/2014/07/16/sinclair-broadcasting-nears-settlement-with-doj-ov?ref=nav
Cameron Miller says:
July 16, 2014 at 10:28 pm
Here’s another link:
https://www.google.com/search?q=Sinclair+to+Settle+Justice+Department+Lawsuit&oq=Sinclair+to+Settle+Justice+Department+Lawsuit&aqs=chrome..69i57j69i60.174j0j4&sourceid=chrome&es_sm=119&ie=UTF-8
Click the link at the top.
Wagner Pereira says:
July 16, 2014 at 5:54 pm
Sinclair Closer to Completing the Allbritton Buy and they did not do 1 thing JC said they needed to! Is anyone surprised, lol!