Sinclair to sell 7 TV stations to Fox to win regulatory OK
NEW YORK (AP) " Media company Twenty-First Century Fox has agreed to buy seven TV stations from Sinclair Broadcast Group for $910 million.The move comes as Sinclair is selling some stations to meet regulatory approval for its pending $3.9 billion acquisition of Tribune Media. Meanwhile, Disney is pursuing a $52 billion takeover of much of Fox, though TV stations will stay with Rupert Murdoch's family under a new Fox company.Two of the Sinclair stations are in California, and [...]
EmoticonEmoticon