Federal Communications Commission chairman Ajit Pai announced yesterday morning he has “serious concerns” about Sinclair Broadcast Group’s proposed $3.9 billion acquisition of Tribune Media Company, a deal which would add 42 Tribune stations from some of America’s top markets to what’s already the largest station group in the U.S.
Pai’s “serious concerns” are being expressed even after the Baltimore-based station group offered to sell off 21 stations, including WPIX in New York, in an effort to finally gain approval from the government.
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