Analysis

Nexstar's Apolitical Vibe Won't Cure All Merger Ailments

Law360 (April 5, 2019, 9:10 PM EDT) -- Sinclair Broadcast Group’s bid to acquire Tribune crashed and burned before the FCC last summer, but Nexstar’s effort to become buyer No. 2 is widely believed to face fewer hurdles even though it comes with baggage of its own.

Nexstar’s offer has been expected to face a much easier path than Sinclair because it will be aided by a perception that it is less political than Tribune Media Co.’s former suitor and is less likely to generate animosity from outside parties — although a new lawsuit may foreshadow other obstacles.

Sinclair lost its chance to buy Tribune last summer after the...

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