The Department of Justice made a second request...
The Department of Justice made a second request for information on some of the station transfers associated with Sinclair’s $985 million purchase of Allbritton’s TV stations, said the acquirer and the parent company of the seller, Perpetual, in a news…
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release Monday. It said the DOJ request for information is focused only on Sinclair’s proposed acquisition of stations in Harrisburg, Pa., and Charleston, S.C. DOJ didn’t comment on the request for information. The American Cable Association and public interest groups Free Press and Put People First have filed petitions targeting sharing agreements connected with the deal as violating FCC ownership rules and antitrust laws (CD Sept 17 p7). A second request is “a standard part of the DOJ review process,” said Sinclair and Perpetual. The second request could extend the waiting period to receive DOJ approval of the transaction, said the release. Sinclair and Perpetual said they will “respond promptly” to the second request and expect to complete the deal by Q1 or Q2, “though there can be no assurances.” The transaction is also awaiting FCC approval.