FILE PHOTO: Chairman of the Federal Communications Commission Ajit Pai speaks at the Conservative Political Action Conference (CPAC) at National Harbor, Maryland, U.S., February 23, 2018. REUTERS/Joshua Roberts
July 16, 2018
WASHINGTON (Reuters) – A draft Federal Communications Commission order seen by Reuters on Monday said that Sinclair Broadcast Group Inc’s <SBGI.O> application for approval to purchase Tribune Media Co <TRCO.N> may “involve deception.”
The order said that “Sinclair’s actions here potentially involve deception” and noted possible “misconduct.”
FCC Chairman Ajit Pai said on Monday he has “serious concerns” about Sinclair’s proposed $3.9 billion acquisition of Tribune, an announcement that could scuttle the deal.
(Reporting by David Shepardson and Diane Bartz; Editing by Kevin Drawbaugh and Jonathan Oatis)