With Sinclair Broadcast Group‘s intended acquisition of Tribune Media still cloudy, despite a report in the New York Post that Department of Justice approval would arrive by now, investors may be a bit iced on extending their ownership of Sinclair stock.
At the Closing Bell on Wall Street, shares of SBGI dipped again, and are at their lowest point since mid-September.
This could all change on Wednesday, given Sinclair’s big post-market announcement regarding a divestment deal with Meredith Corp.
