Tribune Media spikes on reports of nascent bidding war

Standard

Shares of Tribune Media are surging before the opening bell on reports that 21st Century Fox and Blackstone may make a joint takeover bid for the Chicago TV station operator.

The bid would apparently be an attempt to keep Sinclair Broadcast Group Inc., which is also rumored to be pursuing Tribune,…

fromhttp://www.baltimoresun.com/business/ct-tribune-media-fox-blackstone-20170501-story.html

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