LIGHTEN UP, GUYS. THE DEAL IS DEAD

Standard General and Tegna recently appealed the FCC’s decision to shunt their $8.6 billion deal off for a hearing before an administrative law judge (ALJ), a place where such deals are sent to die by the commission.

The groups opposing the deal wasted no time pouncing.

The NewsGuild-CWA; the National Association of Broadcast Employees and Technicians-CWA; Common Cause; and the United Church of Christ, OC Inc. filed an objection this week with the D.C. Circuit of the US Court of Appeals – their most recent thumbs-down to the deal.

This deal has certainly been a bonanza for law firms all around.

Perhaps all of the involved parties will get an award from the Bar Association after all of the dust has settled.

More News from Thursday, April 13, 2023