The federal government has fined Sinclair Broadcasting Corp. $48 million, largely because of actions the TV broadcaster took in its failed attempt to acquire smaller rival Tribune Media.
Sinclair in 2017 proposed a $3.9 billion deal for Tribune’s TV stations, attempting to extend its reach into new markets.
Source: washington times
- TV broadcaster Sinclair fined $48 million over Tribune deal (abc news)
- TV broadcaster Sinclair fined $48 million over Tribune deal (washington times)