Mergers and Acquisitions, Politics, Trader Talk

Sinclair Broadcast Group (SBGI) on Watch Following Trump Tweet

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Sinclair Broadcast Group (NASDAQ: SBGI) was in focus Wednesday after President Trump mentioned its Tribune Media (NYSE: TRCO) merger on twitter.

So sad and unfair that the FCC wouldn’t approve the Sinclair Broadcast merger with Tribune. This would have been a great and much needed Conservative voice for and of the People. Liberal Fake News NBC and Comcast gets approved, much bigger, but not Sinclair. Disgraceful!
— Donald J. Trump (@realDonaldTrump) July 25, 2018

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