FCC says Sinclair hid facts in Tribune deal
The FCC ruled Sinclair Broadcast Group did not fully disclose facts regarding aspects of its 3.9 billion acquisition of Tribune Media and referred the case to an administrative law judge for a hearing. The move signals a serious setback to the merger, with Tribune signaling disappointment but readiness to pursue options. Sinclair faces substantial pressure as chair Ajit Pai voiced concerns prior to the order.
MENTIONED IN THIS ARTICLE
Washington
Sinclair Broadcast Group
Tribune Media
U.S
Federal Communications Commission
Sinclair
Tribune
FCC
Diately
Ajit Pai
Reuters
Iowa
KGAN
KFXA
Cedar Rapids
Judge overruled economics in AT&T Time Warner case says feds
The Justice Department asks the D C Cir to reverse Judge Richard Leon decision allowing AT T s 85 billion Time Warner merger arguing he misapplied basic bargaining economics and ignored how distributor suppliers negotiate. Regulators contended the deal would raise costs for rivals and consumer prices while Time Warner channels CNN and TNT underscore market leverage. The filing notes Leon failed to account for incentives Time Warner may pursue to aid AT T s TV service.
MENTIONED IN THIS ARTICLE
Justice Department
At&t
Time Warner
Richard Leon
US. District Court For
District of Columbia
Leon
Comcast
Cox
CNN
TNT
Directv
District Court
U.S. Court of Appeals
D.C
Beck's Taproom closes at Lindale Mall in Cedar Rapids
Cedar Rapids Lindale Mall loses Beck's Taproom Grill after poor traffic and road construction dimmed business. Bar Muda, Cedar Falls owner, will relocate plans while Lindale seeks new tenants as Sears and Younkers shutter nearby. About 30 employees affected.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Lindale Mall
Beck’s Taproom
Darin Beck
Cedar Falls
Beck
Lindale
Lia Pontarelli
Collins Road
Barmuda
Waterloo
Sears
Younkers
Sushi bar to become Mexican restaurant in Iowa City
Takana mi at 219 Iowa Ave will close July 28 under owner Valentina Carrero to reopen August 2 as a Mexican taco and tequila restaurant. Carrero, a University of Iowa graduate, says the space will shift from Takanami to Hispanic fare. Previous owner was George Etre and David Etre, who also run Iowa Chop House Formosa and El Patron.
MENTIONED IN THIS ARTICLE
Iowa City
Takanami
Valentina Carrero
University of Iowa
Iowa Ave
Carrero
Colombia
Carrera
Brother George
David Etre
Iowa
Formosa
el Patron
Also Mentioned on This Page
Eure
Tribune Broadcasting
Los Angeles
KTLA
Hollywood
Calif
Llion
Feds
At&t-Time Warner
C.R
Matthew Patane
the Gazette
Patane
Thegazette
Hne
Sears and
I.C
Natthew
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