Sinclair-Tribune

The FCC has yet to restart its informal shot clock on reviewing the proposed $3.9 billion merger of Sinclair Broadcasting and Tribune Media.

Commission will specifically look at whether Sinclair misrepresented itself in details.

Standard Media is the big winner with nine stations in seven markets

Transaction will make Nexstar the largest owner of local TV stations, reaching 39 percent of U.S. TV households.

Sinclair Broadcast Group has answered Tribune’s lawsuit over their failed merger with a countersuit.

UHF discount means that only half of a UHF TV station's audience counts towards the 39% national ownership cap.

FCC chair Ajit Pai said he has issues with the proposed Sinclair-Tribune merger, raising a big cloud over the deal.

Company calls Sinclair's divestiture actions 'a blatant violation of merger agreement'