GRAND RAPIDS, Mich. — An update now on the proposed merger of of Tribune Media and Sinclair Broadcast Group:
Paperwork filed yesterday with the FCC shows that Sinclair intends to sell off 23 television stations in 18 markets to meet government regulations.
If approved, FOX 17 is one of nine stations that would be sold to Standard Media, LCC, which is owned by Standard General, a hedge fund based in New York.
FOX 17 is currently owned by Tribune Media and WWMT Channel 3 in Kalamazoo is owned by Sinclair.
Potential buyers for the remaining 14 other stations have not been finalized.
The public will have a right to comment before the proposed deal is approved by the FCC.
