Sinclair Amends Certain Divestitures

FOR IMMEDIATE RELEASE

 

 

SINCLAIR AMENDS CERTAIN DIVESTITURES

 

 

BALTIMORE (July 18, 2018) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that it is amending certain previously announced divestitures pursuant to the Tribune Media Company plan of merger.  The changes are in response to statements made July 16, 2018 by Chairman Ajit Pai of the Federal Communications Commission (“FCC”), in which he announced circulation of a draft hearing designation order (“HDO”) regarding Sinclair’s pending acquisition of 100% of the issued and outstanding shares of Tribune Media Company (NYSE: TRCO) (“Tribune”).


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