Deals
Murdoch Scores Another Win as Rival Sinclair Deal Imperiled
- FCC questions legality of Tribune purchase, calls for hearing
- Fox chairman has benefited from Trump administration moves
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Things in Washington just keep going Rupert Murdoch’s way.
The 21st Century Fox Inc. chairman stands to be a big winner after rival Sinclair Broadcast Group Inc.’s plan to buy Tribune Media Co. was thrown into jeopardy on Monday. Ajit Pai, the chairman of the Federal Communications Commission, questioned the legality of the deal and proposed a hearing that could kill it.