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Sinclair is selling the stations in order to win approval for its acquisition of Tribune Media.
CEO Steve Lacy says the megamerger is all about scale to compete against the duopoly of Google and Facebook, but is it enough scale? And what follow-on deals -- buying or selling -- may follow?
Meredith's proposed $2.8 billion acquisition of its fellow magazine publisher is a wager that together the two legacy print companies can stake out a slice of the digital advertising pie.
To Sinclair Broadcast's many critics, the FCC is acting out of political favoritism. To Chairman Ajit Pai, it's simply doing what he promised he'd do.