Newsmax Calls For Slowdown In Sinclair-Tribune Deal Review

7/21/17

By Jason Aycock, SeekingAlpha

Newsmax Media is calling for a slowdown in federal reviews of Sinclair Broadcast Group's (NASDAQ:SBGI) $3.9B bid for Tribune Media (NYSE:TRCO), on worries about ownership concentration.

That allies the conservative-focused company with Dish Network, the American Cable Association and Public Knowledge in looking for more time beyond an Aug. 22 comment deadline.

"I think it needs more vetting," says Newsmax CEO Christopher Ruddy.

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