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DOJ wants Sinclair to divest dozen stations to approve Tribune deal

The DOJ wants Sinclair Broadcasting Company to divest roughly a dozen local broadcast stations in competitive markets in order to get regulatory approval of its acquisition of Tribune Media Company, The Wall Street Journal reports.

Why it matters: The full Tribune acquisition would give Sinclair, a conservative-leaning broadcasting giant, unprecented access to the local TV market — roughly 70% reach. The DOJ's request reflects antitrust concerns in key areas, like St. Louis and Salt Lake CIty, where Sinclair would expand its footprint should the deal go through, per WSJ.