Sinclair, Tribune shares jump after Trump knocks FCC in tweet

July 25, 2018 by  
Filed under News

Sinclair Broadcast Group Inc and Tribune Media Co shares rose on Wednesday after U.S. President Donald Trump criticized the Federal Communications Commision for deferring a decision last week on their proposed $3.9 billion tie-up and a federal appeals court upheld a rules change on broadcast ownership rules.

Source: Reuters Business News

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