Fox is playing offense and defense in takeover bid for Tribune Media

Standard

21st Century Fox’s bid to combine its local TV stations with Tribune Media would solve a lot of problems at once for Rupert Murdoch.

The proposal, with funding from Blackstone Group, would help Fox prevent Sinclair Broadcast Group from buying Tribune and gaining bargaining power by owning 28 percent…

fromhttp://www.baltimoresun.com/business/ct-fox-tribune-media-takeover-20170503-story.html

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