Friday, July 13, 2007

Tribune says it hopes for FCC OK in 4Q

It's not breaking news or anything but Tribune said it will file a proxy later today for the second stage of its deal to go private ahead of the Aug. 21 shareholders meeting and "... that the most significant condition to closing the $8.2 billion deal, aside from getting shareholder approval, will be receiving approval from the FCC regarding the transfer of Tribune TV licenses and its request for waivers in cross-ownership markets." Reuters

Well, we know that. (Shareholder date corrected in a previous post's headline.)

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