Sinclair Settles with Justice Department Over Sharing Ad-Sales Information

Sinclair Broadcast Group has agreed to a settlement with the Justice Department over the sharing of information between television-station owners that raised antitrust concerns. Sinclair said (there's been no announcement from the Department of Justice) the settlement doesn’t represent an admission of wrongdoing and doesn’t subject the company to monetary damages or penalties. Government officials discovered the alleged sharing of sales information during their review of Sinclair’s $3.9 billion proposed acquisition of Tribune Media.