For Sinclair, ruling on TV limits may be too late for Tribune

A U.S. APPEALS COURT decision has provided media companies more headroom for mergers, but the decision could jeopardize the Sinclair Broadcast Group's acquisition of Tribune Media by making it easier for other companies to negotiate more flexible deals for the company. / BLOOMBERG FILE PHOTO/JONATHAN HANSON
NEW YORK - A U.S. appeals court rejected on technical grounds a challenge to Federal Communications Commission ownership rules that could ease the path for Sinclair Broadcast Group Inc.’s proposed purchase of Tribune Media Co. - if the deal goes forward. The Washington-based court on Wednesday dismissed a lawsuit from opponents without considering its merits,…

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