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Submitted: October 31, 2011 - 3:29pm
Originally published: October 31, 2011
Last updated: December 20, 2011 - 2:00pm
Originally published: October 31, 2011
Last updated: December 20, 2011 - 2:00pm
Source:
Broadcasting&Cable
Author:
John Eggerton
Location:
McGraw-Hill (Broadcasting), 355 Randolph Avenue, St. Paul, MN, 55102, United States
The Federal Trade Commission has no antitrust issues with Scripps' deal to buy McGraw-Hill Broadcasting for $212 million in cash. The deal is also being vetted by the Federal Communications Commission, which goes beyond competition issues to public interest determinations. The proposed station sale was placed on public notice Oct. 14. The public has 30 days from that date to file petitions to deny or other objections, if any.
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