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Cable giant Comcast has launched a hostile bid for 21st Century Fox, the media empire controlled by Rupert Murdoch.
The Sinclair Broadcast Group’s plan to create a broadcasting behemoth that could rival Rupert Murdoch’s Fox News was dealt a potentially crippling blow.
Sinclair Broadcasting's proposed $3.9-billion merger with Tribune Media may not be a done deal after all.
FCC Chairman Pai raised concerns about the controversial deal and proposed a review by an administrative law judge.