Sinclair’s deal to buy six TV stations from Newport TV won’t be blocked...
Sinclair’s deal to buy six TV stations from Newport TV won’t be blocked by U.S. antitrust authorities. Early termination of the Hart-Scott-Rodino antitrust waiting period was granted Aug. 28, for a transaction involving Sinclair and Providence Equity Partners, by the…
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FTC and Justice Department, said a commission notice of such terminations in Wednesday’s Federal Register (http://xrl.us/bnpgt8). Sinclair agreed to buy the former Clear Channel TV stations now operated by Newport TV, co-founded by Providence, for about $412.5 million (CD July 20 p7).