Controversial Sinclair station sales in NYC, Chicago advance

WJAR-TV NBC 10 PARENT Sinclair Broadcast Group has come up with a plan to spin off stations in Chicago and New York in order to stay below media ownership limits as it absorbs Tribune Media Co.
WJAR-TV NBC 10 PARENT Sinclair Broadcast Group has come up with a plan to spin off stations in Chicago and New York in order to stay below media ownership limits as it absorbs Tribune Media Co.
WASHINGTON – Sinclair Broadcast Group Inc. said it had executed agreements to sell TV stations in New York and Chicago in order to stay below media ownership limits as it absorbs Tribune Media Co. in a proposed $3.9 billion deal. Sinclair – parent of Rhode Island’s WJAR-TV NBC 10 – said it would sell one…

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