Sinclair accused of misleading FCC

Regulators accused Sinclair Broadcast Group of misleading them as it sought approval to buy Tribune Media Co. — and sent their companies’ proposed $3.9 billion merger to a hearing.

The Federal Communications Commission asked whether Sinclair was in fact the hidden buyer in a proposal to sell Chicago’s WGN-TV to an automobile executive with no prior broadcast experience. The agency also questioned ties between the Maryland-based broadcaster and a buyer proposed for stations in Dallas and Houston.

Bloomberg News