FCC Plans Rule Change Before Court Can Upend Sinclair Bid, Sources Say

5 years ago
Anonymous $roN-uuAfLt

https://finance.yahoo.com/news/fcc-plans-rule-change-court-212231419.html

The U.S. Court of Appeals for the D.C. Circuit in Washington is considering a challenge to the existing rules and a fresh set of ownership restrictions could derail that case, which threatens the $3.9 billion Sinclair-Tribune deal.

Proposals from Pai, an appointee of President Donald Trump, are all but certain to pass with votes from the Republican majority he leads. Pai hasn’t publicly recommended a new limit and details of his proposal could not be learned.